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Asia’s budget hotel aggregators spread their wings
03/31/2016
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9:58:48 AM
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Asia’s established budget hotel aggregators continue to expand at the same time as new investors pump cash into the sector. Hotel aggregators in India and Indonesia will embrace a golden time in this segmented market.
MICE platform Eventown completes a new round of investment
07/05/2016
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6:49:56 PM
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MICE venue search portal and online one-stop-service platform Eventown Group announced on July 1 that it has completed a third round of funding worth over RMB 100 million led by Harvest Capital and joined by its existing investors.
Etouches acquires Zentila, as event management consolidates further
06/02/2016
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5:41:11 PM
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Enterprise software provider Etouches has acquired Zentila, a hotel-sourcing platform based in Orlando, Fla.
AccorHotels opens trio at huge new Chinese theme park
05/30/2016
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1:51:33 PM
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New Pullman, Novotel and Mercure hotels add 1,388 rooms to Nanchang Wanda Cultural Tourism City
Utour records 40.32% jump in revenue in 2014
04/14/2015
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9:21:42 AM
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Utour reported stable growth, with 46.92% y-o-y growth in revenue for its wholesale operations and 42.03% growth in retail operations for 2014.
Accel-KKR invests in Cendyn, the fast-growing, B2B event- and hotel-marketing tech player
05/23/2016
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3:25:58 PM
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Technology-focused private equity group Accel-KKR has acquired a stake in Cendyn, a provider of B2B technology for hotel marketing and event management.
Newmarket Enables Wanda to grow continually
03/09/2016
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2:36:58 PM
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Wanda Hotels will continue to improve operations and increase business revenue with integrated Newmarket solutions including Delphi Sales and Catering and MeetingBroker lead distribution solutions.
Wanda hotels sees 22.5% growth in revenue in 2015
01/13/2016
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4:23:56 PM
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Wanda Group anticipates that it will have 102 five-star hotels in China by the end of 2016.
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