Search results for “strategic investment”
Midscale and above hotel signings in China rise 4.3% in 2024
03/28/2025|10:27:11 PM|
Franchising dominates with a 73% share of signings.
Tongcheng Travel’ new business streams gain traction
11/23/2024|9:18:44 PM|
The company continues to augment its revenue generation from online packaged tour services and hotel management services.
Trip.com Group unveils 3.0 Model for packaged tours amid rising competition
01/09/2025|12:27:29 PM|
Analysts estimate that Trip.com Group and Tongcheng Travel collectively control 60% of China’s online travel market.
Sunmei Hotels released its overseas strategy: 1,000 properties in 10 years with long-term commitment
11/26/2024|6:12:08 PM|
Covering 30 countries.
H World Group strengthens direct B2B sales capability
11/30/2024|10:55:03 AM|
The company is confident that strengthening these capabilities will further enhance its membership program and drive sustainable growth.
Tongcheng Travel posts over 51% rise in Q3 revenue
11/21/2024|3:02:07 PM|
71% of its new paying users on Weixin platform were from non-first tier cities.
Hyatt forms joint venture with China Resources Land to expand China footprint
10/16/2024|2:09:02 PM|
The asset-light collaboration is set to introduce the collection of Mumian hotels' offerings.
Taiwan offers discounted flights to Japanese tourists; Hotel tech firm DerbySoft buys PKFARE | Daily Brief
04/12/2024|5:36:15 PM|
US airlines ask government not to add China flights; China, Georgia reach mutual visa exemption deal.
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