BTG Hotels’ annual revenue and net profit fell last year, at 5.87% and 4.66% respectively to RMB2.791 billion and RMB112 million.
Alitrip has introduced Credit Stay in the first stage of its “future hotels” strategy that aims to revolutionize OTA involvement in the hotel industry.
TravelDaily China, announced today it will partner with PhoCusWright to stage the 2015 China Hotel Marketing Conference in Shanghai from May 13 to 14, 2015.
Jointwisdom formed by restructuring Ctrip subsidiary Brandwisdom and CSHIS, has been launched in Beijing.
After two successful financing rounds, mid-range Vienna Hotels Group is raising a third capital injection of RMB300 million.
Five-star hotels and other luxury facilities have been excluded in Beijing’s sanctioned government procurement list of 318 conference venues in the city.
Shiji Technologies will invest 25 million euros to acquire 55.45% equity, of Austrian hotel data management company SnapShot.
Dujiake recently received an investment to the tune of RMB10 million and announced former Airbnb Taiwan executive Fengchi Hsu join its ranks.
