Search results for “strategic investment”
Smart hotel solution provider Xiezhu receives USD 45.6 million in Series B financing
03/31/2021|12:17:21 PM|
The proceeds will be used for product R&D, market expansion and customer service.
TikTok's China app pilots group buying; Tencent invests in travel firm | Weekly Review
03/07/2021|3:18:22 PM|
OTA giant sees content as a new growth driver, rolls out a three-step strategy; Chinese lawmakers, advisors suggest issuing vaccine passports.
OTA's international revenue drops; Hotel membership startup secures new funding | Daily Brief
03/16/2021|10:58:14 PM|
China asks visa applicants to get inoculated with Chinese-made vaccines; Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter.
China remains top travel source; HK-Singapore bubble postponed | Weekly Review
11/22/2020|2:31:05 PM|
Xbed hotel brand raises more than $15 million; Tour operator group Caissa has 180 days to pay and acquire OTA Tuniu's shares.
Understanding how Meituan staged recovery of room bookings
03/30/2021|10:30:48 AM|
The company’s cohesive effort, where safety and consumption were interwoven via health-related campaigns, and buying was fueled via attractive coupons or vouchers, delivered positive results.
Wyndham reports a 40% revenue decline, but Greater China RevPAR performs far better than other regions
02/12/2021|11:56:55 PM|
System-wide rooms declined 4% year-over-year.
Marriott focuses on “brand+destination” in China; Lawmakers advise vaccine passports | Daily Brief
03/05/2021|10:47:17 PM|
European winter destinations look to Chinese outbound tourists post-pandemic; Hong Kong businessman backs AirAsia with HK$400 million investment.
Booking Holdings revenue halved in 2020, predicting Apple’s entry into online travel reservations marketplace
02/25/2021|8:11:11 AM|
Net income for the full-year 2020 was USD 59 million, a 99% decrease versus the prior year.
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