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China Lodging Group grows robustly in mid- and up-scale RevPAR
08/16/2016|9:22:10 PM|
Occupancy rate was 85.2% in Q2 2016, compared with 85.8% in Q2 2015. The slight decrease was due to lower occupancy in lower-tier cities.
Crowd funding platform Duocaitou.com completes an eight-digit Pre-A round
08/10/2016|9:29:42 AM|
Duocaitou.com, a crowd funding platform for boutique hotels and home rental, has completed its Pre-A round financing that raised an eight-digit sum from three venture capital firms – Share Capital, Innovation Angel Funds and Shunwei Capital Partners.
Expedia posts 20% growth in hotel room nights
07/28/2016|6:05:42 AM|
Expedia‘s gross bookings increased 25% YoY to over $18.8 billion in the second quarter of 2016. Revenue increased 32% YoY to over $2.1 billion.
Travel startups create 3.39 million tourism jobs in 2015
07/27/2016|6:48:16 PM|
Tourism-related entrepreneurship and innovation created around 3.3945 million jobs in China in 2015, accounting for 12.13% of direct employment in the industry.
New Third Board-listed UCAR eyes bigger presence in China’s auto industry
07/25/2016|9:25:57 AM|
While investors of Didi and Uber are pushing for potential deals, UCAR has landed on New Third Board and is looking to carve a bigger slice of China's auto market.
Booking.com forges ahead with laser-sharp focus in China
06/23/2016|10:38:30 AM|
China continues to witness lot of action in the distribution space, but Booking.com intends to chart its course for organic growth in an assiduous manner.
Alitrip, Ctrip remove agents’ listings of international flights
07/01/2016|10:07:07 AM|
Air ticketing in China has turned over a new leaf when four major carriers started to prohibit air ticketing by agents on third-party booking platforms.
Sabre is hiring in APAC!
07/13/2016|2:33:18 PM|
Sabre is hiring in APAC from technology to marketing, from customer service to finance.
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