Search results for “Acquisitions”
Meituan stresses on growth in its hotel and travel business
12/04/2023|3:42:21 PM|
The focus on “value-for-money purchases” is paying off as quarterly transacting users increased substantially during Q3.
Trip.com Group drives up ad costs on Xiaohongshu, squeezing smaller travel agencies
07/20/2025|6:50:07 PM|
Small and mid-sized travel agencies are struggling under pressure and turning to multiple platforms to diversify customer acquisition.
Tencent-invested travel firm Tongcheng capitalizes on China's lower-tier markets
11/22/2023|2:16:06 PM|
80% of Tongcheng's average MAUs were contributed by Tencent's Weixin mini-program.
Hotpot firm Haidilao invests in Japan hotel; Club Med charts plan for China market | Daily Brief
11/03/2023|7:15:35 PM|
70% of Chinese travel firms doubled profits; Hospitality industry in full gear for major expo.
GreenTree announces potential acquisition of restaurant business
05/03/2022|2:53:40 AM|
GTI wants to sell its existing restaurant business to GreenTree Hospitality.
Tongcheng carries growth momentum in hotels category into Q2
08/30/2023|1:58:56 PM|
By capitalizing on travel demand and working out relevant sales strategy, Tongcheng achieved sizable growth in hotel bookings as compared to what it had achieved for the same period in 2019.
Shanghai stops taking applications for ride-hailing licenses; Singapore to China SIA ticket prices soar | Daily Brief
07/25/2023|6:35:51 PM|
Hong Kong ranks No.1 in APAC travel confidence; TFG International completes acquisition of China Cultural Tourism.
Hilton expands in China with multiple signings; Trip.com presents AI assistant TripGenie | Weekly Review
07/29/2023|11:24:30 AM|
H World recovers to 121% of pre-pandemic business level in Huazhu operation; FREED GROUP closes Pre-C financing round.
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