Search results for “business expansion”
B&B brand Sweetome begins independent operation backed by Poly Capital
03/29/2018|8:41:42 AM|
Customized B&B brand Sweetome Group has announced its core strategy of “sharing accommodation” and the completion of a new round of financing backed by real estate conglomerate Poly Capital.
ChinaTravelNews Briefing: Tencent vies for railway WiFi service, Meituan denies funding and more
04/20/2018|2:48:41 PM|
Both Tencent and Alibaba are eyeing a stake in Bullet Train Networks, Ctrip joins a consortium in a bid for car rental firm eHi’s privatization, and more in this week’s Briefing.
ChinaTravelNews Briefing: Ctrip ends cruise venture, China merges culture-travel offices
03/24/2018|9:55:47 AM|
Ctrip, Royal Caribbean Cruises announced to end their joint venture; China planned to merge culture and tourism authorities; Tujia hoped to work with Airbnb; and B&B and e-guide startups raised capital.
China hotels to gross $796 billion in 2018 in accommodation and F&B services
04/13/2018|5:54:46 PM|
Hotel report projects that China’s hotel industry will gross RMB 5 trillion from accommodation and F&B services in 2018. Jinjiang, BTG Homeinns and HUAZHU have been identified as the three biggest hotel groups.
Ctrip starts to deliver combined impact of group companies
03/19/2018|7:39:04 PM|
The online travel group has singled out the performance of its international businesses, along with the contribution from registered users and the growth in lower-tier cities in China.
Meituan works with Japan's dining guide to target Chinese tourists
12/13/2017|10:11:46 AM|
Chinese tourists’ spending on local food in Japan accounted for more than 55% of their overall expenditure excluding hotels and air tickets, according to Meituan Travel’s data collected overseas.
Travel firm PKFARE acquires tens of millions of yuan, backed by Caissa Tourism
04/18/2018|8:46:17 AM|
Having won financing from Civil Aviation Investment Fund, Caissa Tourism and CKGSB Chuang Fund, PKFARE will continue to exploit the supply chain and product inventories.
Ctrip licensed to challenge Didi's ride-hailing dominance
04/04/2018|8:48:32 AM|
Ctrip has recently obtained an online car-hailing operating license, giving its independent car-booking services the right to offer service nationwide after three years of preparation.
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