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Search results for “US lodging”
How Expedia sees the future in sharing its technology
06/08/2017
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6:35:36 PM
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Expedia shifts its web platform to technology platform. One of its crucial steps is to develop a tool and service for chains with the help of Expedia's technology.
Expedia gross bookings grow 14% in Q1 2017
04/28/2017
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7:09:34 AM
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Expedia reported gross bookings of USD 2.9 billion in the first quarter of 2017. Revenue increased 15% YoY to USD 2.2 billion, of which Trivago took up USD 286 million, a 62% rise from a year ago.
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).
Tujia seeking to raise $300 million
05/03/2017
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10:27:28 AM
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Airbnb’s Chinese rival Tujia, a vacation rental platform backed by Ctrip, is in talks to raise more than USD 300 million, reported Bloomberg. Airbnb officially debuted in the country less than a month ago.
China Lodging Group's net revenues rise 13.2% in 2016
03/15/2017
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6:18:37 PM
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China Lodging Group (Huazhu Hotels) reported net revenues of RMB 6,538.6 million (USD 941.8 million) in 2016, up by 13.2% YoY, in line with the guidance previously announced.
China Lodging Group buys Crystal Orange Hotel for $540 million
02/27/2017
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9:39:22 AM
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China Lodging Group (Huazhu Hotels) announced an agreement to buy 100% stake in boutique hotel operator Crystal Orange for RMB 3.65 billion (USD 540 million).
Tencent continues reign as China’s most valuable brand, Ctrip ranks 38th with $2,260m
03/21/2017
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9:45:31 AM
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Tencent continued its reign as China’s most valuable brand, rising 29% to be the first 100-billion-dollar brand while Ctrip ranked 38th in the Chinese companies with a brand value of USD 2,260 million.
Tujia introduces new strategy for home-sharing in China
03/27/2017
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4:09:04 PM
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While Airbnb announced plans to rebrand itself in China and double investment in one of the world’s largest travel market, the “Airbnb of China,” Tujia, also announced its future plans and strategy.
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