Only 50% of guests visit a hotel’s website before booking, hotels must develop new touchpoints to communicate effectively with their clientele through mobile, social media and other online channels.
Two of the most heavily funded, venture-backed reservation services and marketplaces for tours and activities are essentially merging, as the healthier Peek acquires the assets and employees of Zozi.
A recent SEC filing shows that HNA holds a 26.5% stake in Tuniu and JD.com controls a 20.6% stake in the company, as of March 31, 2017.
Tujia has rolled out innovative vacation lodging sharing platform VaShare. The platform is a joint venture of Tujia and its major stakeholder Ctrip.
Digital travel sales in China are projected to total USD 109.4 billion in 2017, up 20.6% YoY, according to data from iResearch, while eMarketer estimates somewhat higher at USD 122.0 billion.
Travel customization SaaS platform Lushu told ChinaTravelNews on April 17 that the company has closed its A round funding backed by Keywise Capital, an investor of Chinese photo App maker Meitu.
Ctrip said that it may continue to acquire complementary businesses and assets in the future if presented with appropriate opportunities. It has just revealed details about its acquisitions in recent years.
Fresh from a USD 2 million funding round, TripCreator is focusing solely on a B2B model rather than trying to push its consumer-facing platform.