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Search results for “mid-range hotels”
TUI Group acquires tours and activities online agency Musement
09/17/2018
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4:53:56 PM
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Tui are aiming to provide the most highly personalised experiences possible to its 20 million customers. This will require a stronger digitalisation of business.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018
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11:58:59 AM
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Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
BTG Homeinns, China Lodging upgrade budget hotel services for the future
05/14/2018
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11:29:57 AM
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The rise of rentals, aging of facilities and competition from mid- to high-end hotels and bed-and-breakfast facilities also posed a challenge to budget hotels.
ChinaTravelNews Briefing: Ctrip unveils Oasis Lab, China connects air-rail networks and more
05/18/2018
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3:45:18 PM
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Ctrip replaced its incubation program with Oasis Lab for innovative initiatives, budget hotels in China revamped services and experiences for customers, CAAC & CRC announced to connect train-plane networks.
Film Hotel raises $16 million in funding to speed up budget hotel makeover
04/11/2018
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5:01:02 PM
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By integrating “films” and “hotels”, Film Hotel will create a new differentiated mid-scale hotel brand.
ChinaTravelNews Briefing: Tencent vies for railway WiFi service, Meituan denies funding and more
04/20/2018
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2:48:41 PM
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Both Tencent and Alibaba are eyeing a stake in Bullet Train Networks, Ctrip joins a consortium in a bid for car rental firm eHi’s privatization, and more in this week’s Briefing.
China hotels to gross $796 billion in 2018 in accommodation and F&B services
04/13/2018
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5:54:46 PM
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Hotel report projects that China’s hotel industry will gross RMB 5 trillion from accommodation and F&B services in 2018. Jinjiang, BTG Homeinns and HUAZHU have been identified as the three biggest hotel groups.
Chinese hotel franchisor GreenTree prices IPO at $14, below $16-18 range
03/27/2018
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12:19:14 AM
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GreenTree Hospitality raised USD 143 million on NYSE.
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