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Search results for “price war”
Ctrip looks to tap overseas cash stash for deals
05/15/2017
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8:32:17 PM
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China’s dominant OTA Ctrip is searching for new acquisition targets, despite tougher capital controls enforced by Beijing last fall.
French parliament kills rate parity, and Booking predicts hotel price war
06/23/2015
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6:03:33 PM
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The French National Assembly moved to cancel rate parity clauses in contracts between hotels and online travel agencies (OTAs). Violators will be fined up to Euro 150,000.
Plateno’s experiences from its international expansion
04/07/2017
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6:57:16 PM
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Chinese hotel chain Plateno may gradually demonstrate its own strengths in the future development as an international brand and differentiate itself from other brands under the umbrella of Jin Jiang International Hotels Group.
CNTA declares war on price slashing in China’s tourism industry
05/08/2015
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10:52:10 AM
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China National Tourism Administration is taking action against “price slashing”, yet another malpractice in the cutthroat Chinese tourism industry.
Study tour provider MaiTao closes B round backed by Fosun
02/22/2017
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5:36:32 PM
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MaiTao, an online service focusing on children learning and traveling experience, has raised RMB 70 million in its B round funding which had Fosun as the lead investor.
6 Chinese OTAs trapped in price war
12/16/2014
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11:17:42 AM
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China's OTAs are in a "industry-wide loss-making era" as each company tries to undersell rivals and capture the market.
Ten hotel trends to shape guest experience in 2017
01/04/2017
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8:30:45 PM
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Now that we’ve advanced enough to know how to collect or mine data, it’s up to the hotel industry to know what to do with that information.
Qunar sparks another OTA price war with hotel booking cash back
02/15/2015
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11:41:30 AM
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Qunar will undercut competitors by at least 10% in all their hotel prices via cash-back promotions, adopting a new slogan “one cent hotel”.
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