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Search results for “mid-ranged market”
Villa rental specialist SenseLuxury completes B round
05/27/2016
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12:20:14 PM
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High-end and mid-range apartment rental platform SenseLuxury confirmed that the company had completed its B-round funding from GoHigh Fund
Analysis: Hotels bite back in battle with Online Travel Agencies
04/27/2016
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6:36:44 PM
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Since hotel chains are baulking at the commissions the OTAs charge them – typically ranging from 15% to 30% depending on room type and location - and fear that their expensively established brands are being devalued by the OTAs’ price-orientated approach, they have tried to offer discount rates to their loyalty project members to improve direct booking.
BTG Hotel, Alitrip and Shiji initiate hotel alliance joint venture
04/01/2016
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10:13:41 PM
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BTG Hotel announced that it had set up a joint venture with Alitrip and Shiji Information to form a hotel alliance brand and provide free full-content e-commerce services to the alliance’s hotel members.
Ctrip’s story isn’t just about growth, margins too coming into the picture
03/19/2016
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11:20:10 AM
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Post consolidation in the OTA space, Ctrip is not only focused on its market share and GMV, but it also looking at hiking the overall margin to improve the financial performance.
Mark your calendar for 2016 TravelDaily Events
03/29/2016
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3:33:27 PM
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In 2015, TravelDaily has been on the go too, having launched HMC, CADC, TDC and other events. Now take a look at the calendar for upcoming events in the new year!
Expedia relentlessly tests the science of user experience and vacation planning
02/29/2016
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9:38:38 AM
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What distinguishes Expedia is its dedication to understanding the psyche of the modern travel planner. Expedia’s leadership believes the knowledge of customers is what has allowed it to recover from earlier stumbles.
Marriott expands into the midscale hotel segment in China
02/19/2016
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8:37:57 AM
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Marriott International and Eastern Crown partner to launch 'FairfieldSM by Marriott®' a new affordable mid-range hotel for travelers across China, Eastern Crown expects to open 100 'FairfieldSM by Marriott®' hotels by 2021 and more than double Marriott’s presence in China.
Jin Jiang International raises AccorHotels stake to 5.5%
02/04/2016
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6:20:03 PM
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Jin Jiang International has increased its shareholding of AccorHotels to 5.5%, becoming the second largest shareholder of the French hotel group.
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