Chinese tourists’ spending in the United States, Australia, Canada and Japan still ranked top, and the spending level continued to increase rapidly.
Meituan has sold a total of 209.6 million domestic hotel room nights in the first three quarter of 2018. By comparison, the company marked 200 million room nights stayed on December 26, 2017.
RestHour is open to customized requirements of hotels by expanding from check-in procedures to smart room supports, such as light, temperature, curtain and TV controlled by human voice.
The company aims to follow up with an A-round of financing in early 2019 and take its market cap to 200 million yuan.
Asserting that Ctrip historically has outpaced China's GDP growth by a factor of four, the senior management believes the future remains bright, bolstered by robust position in the domestic market and ability to capitalize on opportunities presented by globalization.
It’s worth keeping track of Booking Holdings' next moves and what will become of its relationship with Ctrip.
The turnover of ticketing operations and accommodation bookings were $6.79 billion and $1.54 billion, respectively.
Kuaiying Technology provides mobile payment solutions for tourist attractions to enhance their management and operational efficiency.