Offices are not used in the evenings and on weekends, which are the moments hotels are generally the busiest. While coworking hotels coworking hotels will make better use of space.
The company had slashed its fundraising goal from an original target of USD 800 million to USD 1 billion, people with knowledge of the matter said earlier.
Through strategic cooperation, CDFG and Alibaba aim to build “a new tourism-retail ecosystem” based on their respective strengths and services and enhance the tax and duty-free consumer experience.
Travel buyers should identify reducing programme costs, increasing policy compliance and traveller satisfaction as their top goals for 2019.
Southeast Asia’s online economy reached $72 billion in value this year, and is projected to triple to $240 billion by 2025.
RestHour is open to customized requirements of hotels by expanding from check-in procedures to smart room supports, such as light, temperature, curtain and TV controlled by human voice.
In 2017, around 3.174 million Chinese tourists visited the United States, up by 4% from previous year. The year-on-year growth is expected to plummet by two percentage points in 2018.
"Together with metasearch and content services, our LINE Travel is generating 20 million monthly users growing at 50% YoY", LINE Travel co-founder and CEO Kei Shibata said.