The property will become be the first luxury London hotel to implement Alipay across the entire hotel, as well as Simpson’s in the Strand.
Non-GAAP net loss dropped from 226.2 million yuan in Q1 2017 to 23.8 million yuan ($3.8 million), revenues from packaged tours jumped by 13.1% to 402.7 million yuan ($64.2 million).
Meituan-Dianping has fully acquired hotel PMS service provider BeyondHost. Both will work together to build an open platform for hotels.
The deal will take Minor International’s stake to 9.7%. The single biggest individual shareholder is still HNA Group, which is busy trying to sell off its 30% stake.
Market speculation over a Didi IPO has been mounting for the past year. According to a HKET report, Didi has been in pre-listing consultations with investment banks since April.
Huaxue Zoo told 36Kr that iSNOW has so far served more than 100 ski resorts and ice rinks, and expects to provide services to 50-100 more customers in 2018, increasing the total number to 200.
Accommodation reservation revenue increased 23% in the first quarter, packaged-tour revenue rose 18% and corporate travel revenue climbed 25%. Transportation ticketing revenue remained flat.
Insiders believe that the issuance of the first tourism ABS product reflects Ctrip and other overseas listed companies’ optimism in embracing the Chinese capital market.
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