Following the funds from Japanese travel agency H.I.S., LINE Ventures and China's Alibaba Group, the latest investment KKDay receives will boost its overall growth and further development in Japan.
MGM Resorts International now might find a boost through diversification and spending to increase its earnings.
CanadaStays will become part of the Vrbo vacation rentals division in a move designed to strengthen Expedia Group’s alternative accommodation presence in Canada.
Zhiketong has raised nearly RMB 480 million in total since its incorporation in December 2014.
The acquisition marks BWHR's effort to simplify distribution for its hotels by making management of technology, revenue and customer relationship, reporting and connectivity simpler and easier.
U.S. competitors like Sonder and Lyric are operating a similar model and might also look into Europe, but "it is a very local game.”
Ctrip holds nearly half of the Indian online travel firm after this acquisition.
Net profit increased 1.4% to RMB 80.9 million.
ChinaTravelNews is a wholly owned subsidiary of
©2019 TravelDaily Inc.