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China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition

China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.

08/17/2017|8:00:45 PM|ChinaTravelNews

Plateno Group’s Wowqu raises RMB 50 million in Pre-A round

Plateno's apartment rental brand Wowqu announced that it had received RMB 50 million in its Pre-A round financing backed by 58.com, a Chinese classified advertisement website.

08/11/2017|5:56:06 PM|ChinaTravelNews

Hilton to introduce new brands to China

Hilton is planning more than 400 hotels in Asia Pacific and expects to introduce more brands into China, considered a key market in its future strategy.

08/02/2017|4:21:16 PM|ChinaTravelNews

China’s Top 3 Hotel Groups: Jinjiang, BTG HomeInns and China Lodging

China Tourist Hotels Association has ranked Jinjiang Hotels, BTG HomeInns and China Lodging as the country’s top three hotel groups in its Top 60 China Hotel Groups ranking for the past year.

07/21/2017|6:20:44 PM|ChinaTravelNews

Counting on technology to overcome breakdown in personalization

The blend of Bluetooth beacon technology, hyper local marketing, and GPS geo-fencing can help hotels to convey what they have to offer and in turn, improve the overall stay experience.

07/24/2017|4:35:01 PM|ChinaTravelNews

China Lodging, IDG Capital back Chengjia’s $50 million Pre-A round

Apartment service platform Chengjia has raised USD 50 million in its series Pre-A round funding, backed by its co-founders China Lodging Group and IDG Capital.

07/10/2017|6:58:58 PM|ChinaTravelNews

Wanda Group sells 13 projects, 76 hotels to Sunac for $9.3 billion

Chinese conglomerate Dalian Wanda and property developer Sunac China jointly announced on July 10 that Sunac will acquire 13 Wanda cultural tourism projects and 76 Wanda hotels for RMB 63.17 billion (USD 9.3 billion).

07/10/2017|4:14:26 PM|ChinaTravelNews

Marriott CEO: China is the best opportunity for growth

Arne Sorenson, President & CEO of Marriott International, defined China as their largest market. Mr. Sorenson said that Marriott will need more brands to expand in the market.

07/05/2017|2:58:05 PM|ChinaTravelNews
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