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Search results for “upscale travel”
What should the travel industry understand about China in 2019?
02/05/2019
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6:54:57 PM
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Cities are the primary attraction for Chinese outbound travelers. Nearly 92% of total Chinese outbound travel spending is received by major global cities.
Airbnb’s grand travel ambitions could be taking a detour
12/21/2018
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9:49:14 AM
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Airbnb is interested in potentially managing diverse property types that would blend well with homesharing. The investments in property management companies may one day lead to Airbnb developing its own property management unit or brand.
Hyatt to double China presence with 60 hotels and 22,000 more rooms
11/19/2018
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9:51:52 AM
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As the fast-growing commercial classes in China travel at an accelerated rate, Hyatt has successfully expanded the Hyatt Place and Hyatt House brands to serve more business and corporate travelers.
Ctrip ventures into hotel management by launching Rezen Hotels Group
10/10/2018
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8:42:03 AM
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The launch of Rezen Hotels, Ctrip’s first high-end hotel brand, marks the group’s strategy to branch out to the high star-rating hotel sector.
Domio just raised $12 million In Series A funding
10/22/2018
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10:25:19 AM
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Domio shaves costs and improves the quality of its offerings by entering five- to 10-year leases with developers and then branding, furnishing and operating entire “apart hotel” properties.
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.
What's Meituan's trump card for selling hotel rooms?
06/28/2018
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2:17:36 PM
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Meituan is targeting cross-selling of hotel accommodation, a low-frequency service, by capitalizing on stickiness for often-bought services such as food delivery and in-store dining.
Radisson Hotel Group to expand brand in China
06/12/2018
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4:11:02 PM
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Radisson Ningbo Beilun will be the latest Radisson property in Mainland China, joining existing properties in Shanghai, Suzhou and Tianjin.
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