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Search results for “Room 77”
Room 77 investors lost half of their investment
11/29/2016
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6:41:24 PM
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As the original Room 77 liquidates the company, founder Brad Gerstner of Altimeter Capital and CEO Drew Patterson informed preferred shareholders that they would receive just 53 cents for every dollar invested, Skift has learned.
Travel startup Lola acquires Room 77
11/16/2016
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10:04:11 AM
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Travel technology startup Lola has acquired Room 77, the hotel metasearch platform.
LINE to be a ‘super app’ for new travel funnel
11/19/2018
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5:17:41 PM
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"Together with metasearch and content services, our LINE Travel is generating 20 million monthly users growing at 50% YoY", LINE Travel co-founder and CEO Kei Shibata said.
Huazhu ranked 4th globally, Meituan files for IPO, and more in ChinaTravelNews Briefing
07/09/2018
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10:48:48 AM
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AccorHotels’ shareholder Huazhu surpassed IHG in market capitalization as the world’s fourth highest valued hospitality group. Tencent-invested e-commerce and travel firms Meituan and Tongcheng Elong filed for Hong Kong listings.
Unique quarry hotel starts to take shape in Shanghai
11/20/2017
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9:33:09 AM
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The structure of the world's first quarry hotel, Sheshan Shimao Quarry Hotel, has been completed in Shanghai, and the property is set to open in Shanghai next year, the owner has announced.
Indian OYO cuts losses and spend, transforms business model
08/01/2017
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5:28:23 PM
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Though OYO Rooms' losses in the year to end-Dec16 were down on $50 million in 2016 compared with $77 million, it still remains in the red. Does it have what it takes to succeed for its transformation?
Millennials want a hotel room good on Instagram, rather than a cheap one
08/01/2017
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1:05:35 PM
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Millennials, which is now the biggest group of business travelers, would rather take the luxury room at a deeper discount than take the cheapest room, according to mobile travel app HotelTonight.
China Lodging's net revenues grow 10.8% in Q1 2017
05/11/2017
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7:36:20 AM
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China Lodging Group posted net revenues of USD 231.4 million in the first quarter of 2017, up by 10.8% YoY. Net income attributable to company rose from RMB 69.4 million in Q1 2016 to RMB 148.1 million (USD 21.5 million).
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