Google is exploring ways to spread mobile connectivity as strong internet service is crucial to its search engine, YouTube video service and the ads that generate almost 90% of its revenue.
Instead of the usual guest and host fees that total roughly 15% of the listing price, the new program will charge a host fee of 12% with no added guest fee.
With a 14% equity interest and 19.6% voting power in eHi, Ctrip is again teaming up with Ocean Link, this time for the privatization of the car rental firm.
Alipay parent company Ant Financial and CCB International are new investors, and both will participate in Octopus’s new S2B initiative.
DidaTravel will continue to increase direct procurement of hotel resources, expand overseas sales and domestic offline channels after completion of the current round.
Ctrip Car gets the nod to run ride-hailing business; Meituan extends its offerings to 320 million annual active users through its Mobike acquisition; and higher fuel cost is affecting the growth of airlines.
Survaider helps more than 300 hotels raise their rankings on OTAs, improve guest experience and increase revenues.
More than 70% of business traveler respondents indicated they are interested in purchasing more than core hotel products such as on-site dining, retail sundries and transportation options.