Search results for “the United States”
Ctrip embarks on hotel operation, Xiaozhu gets $300 million funding, and more
10/18/2018|8:22:02 AM|
High-speed railway passenger volume increased by more than 50% year-on-year during China’s National Day holiday, Airbnb rival Xiaozhu has pocketed $300 million for beefing up security and services.
Millennium Hotels and Resorts signs new strategic partnership with Hotelbeds Group
10/31/2018|11:30:08 AM|
The agreement will strengthen MHR’s distribution through Hotelbeds’ presence in more than 140 markets.
Suitcase brand ITO receives multi-million yuan in funding
10/19/2018|8:27:40 AM|
ITO operates over 30 stores in Japan, South Korea, Singapore, Vietnam, the United States, Hong Kong, Taiwan and other countries and regions.
Ctrip and Didi may invest in Indian firms, five OTAs corner 96.4% of Q2 hotel bookings, and more
09/13/2018|10:15:56 AM|
Ctrip is likely to invest $100 million in food-delivery platform Zomato and Didi is reported to back the Chinese business of OYO. Ctrip, Meituan, Qunar, Tongcheng-eLong and Fliggy accounted for 96.4% of Q2 hotel bookings.
Foreign travel brands increasingly being lured by Chinese tech landscape
09/20/2018|10:10:37 AM|
Foreign companies like Booking Holdings are not only assessing business opportunities in the digital space of strategic relevance, but they are also keen on understanding how Chinese technology ecosystems are shaping consumption patterns of global relevance.
Ctrip records $10m offline daily sales, Alibaba invests in FunNow, and more
08/19/2018|3:54:23 PM|
Huazhu acquired 71.2% shares of Blossom Hill for RMB 462.9 million; OYO signed 400 hotels and 25,000 rooms in China last month alone; travel service firm KLOOK raised $200 million.
China’s inbound tourist arrivals down 0.4% to 69.23 million in H1 2018
08/23/2018|10:48:30 AM|
For the first half of 2018, the number of domestic tourists in China increased 11.4% to 2.826 billion, and the number of outbound travelers was up 15% to reach 71.31 million.
Ctrip commits financing for immigration and real estate platform Hinabian
08/20/2018|2:38:12 PM|
The proceeds will be earmarked for implementing overseas business, and Ctrip will gear up its global business reach by providing open access for Hinabian.
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