Search results for “Hotel Online”
Qunar’s “customer poaching” heats up cutthroat OTA war
12/15/2014|11:14:36 AM|
Qunar is tempting hotels’ with zero commission and e-currency for every converted booking. Customers and hotels stand to benefit from the campaign and Qunar will gain room nights, albeit at heavy campaign cost and no additional revenue.
Shakeup ahead for China’s glutted luxury hotel market
01/16/2015|8:48:09 AM|
Luxury hotels in China are bracing for fierce competition as supply soars - the glutted market had a total of 800 five-star hotels in 2014.
Chinese Hotel and airlines associations emerging
01/13/2015|3:57:54 PM|
Hotel groups are coming together and pooling resources to survive this critical juncture and entering an age of associations and alliances.
Thrifty Spring Airlines makes A share IPO
01/21/2015|8:43:48 AM|
Spring Airlines CEO said it did not intend to include strategic or financial investors in the IPO but was willing to let employees share in dividends from company growth.
Wanda Tourism sees excellent growth in subsidiaries
12/17/2014|10:24:28 AM|
Wanda Group’s tourism subsidiaries reported RMB1.71 billion revenues, equivalent to 24% of this year's annual revenue goal of RMB 7.125 billion.
Huatian Hotels gets cash windfall from private investors
01/05/2015|6:30:45 PM|
Huatian Hotels intended to issue only 150 million shares to raise RMB600 million, but Huaxin Turbine offered RMB1.653 billion in cash for 29.44% equity.
Meituan CEO confirms significant fundraising
01/19/2015|9:19:36 AM|
Meituan will face tremendous pressure this year from its rival’s IPO and the challenge of O2O startups carving into Meituan's share in each of its market segments.
West Air approved for service differentiation
12/25/2014|5:50:31 PM|
West Air's “service differentiation” policy is approved boosting its transition to the LCC model.
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