Existing investors including SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture Partners have put in $800 million, with commitments for another $200 million.
69% of respondents are willing to spend on average 21% extra to reduce wait times for services.
Short-distance family trips made up most of the travel, and cultural and agricultural tourism were also popular during the holiday.
The Umapped platform consolidates bookings, curated content, communications and real-time location data into a single web and mobile interface.
Bookings for flights departing on the evening of Mid-Autumn Festival have surged 270% compared with last year, according to Ctrip, as some tourists can enjoy the longest combined break in past few years.
In the first quarter of 2018, Meituan said it was responsible for 33.6% of domestic hotel room nights booked online in China, compared to what it claimed was a 33% share by Ctrip.
The consumer proposition is that TrainPal is able to find the cheapest fares for users, and one way of doing this is by “split ticketing.”
Infor regards the acquisition as a method of extending its suite of technology services for hotels into new areas, such as point-of-sale, inventory management and procurement tech.