Search results for “Hotelbeds”
Booking funds Didi, Airbnb China names new president, Baidu and Alibaba vie for smart hotel
07/23/2018|1:56:10 PM|
Booking Holdings invested $500 million in China’s ride-hailing platform Didi Chuxing. Airbnb China appointed a local serial entrepreneur as its new president. WeChat Pay decided to focus on outbound Chinese tourists.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018|11:58:59 AM|
Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
Ctrip launches “YiQiZhuang” to power financing for small- and mid-size hotels
07/19/2018|9:00:18 AM|
Any qualified hotel is able to directly apply for “YiQiZhuang” loan from Ctrip.
Huazhu Group ranked as world’s 4th highest value hotel group
06/28/2018|10:02:03 AM|
The Chinese hotel group had a market capitalization of around USD 12.8 billion as of June 26, trailing just behind Marriott, Hilton and Accor.
Hotels need to act fast and prudently to deal with fragmentation in distribution
06/01/2018|7:39:30 AM|
Be it for what needs to be done to optimize association with a new channel/ platform or managing rate disparity and revenue leakage, some foreign hotel companies are cautious in approaching emerging options such as Fliggy, WeChat etc.
Hotel data operator Htrip lands tens of millions of yuan
07/11/2018|8:53:00 AM|
Htrip is a hospitality data operator that aims to help hotels maximize their profits by leveraging big data for hotel services, product lines, membership operation and other aspects.
Smart hotels operator InnJoy closes a $1.5 million angel funding round
07/02/2018|5:32:49 PM|
In 2017, InnJoy netted approximately RMB 5 million in total revenue, RMB 3 million of which was from the hotel business, and RMB 2 million from the smart home appliance business.
Hotelbeds sells destination management unit to TUI for €110 million
03/28/2018|6:00:58 PM|
Following the integration of Tourico Holidays and GTA, there are now over 170,000 hotels selling to over 60,000 travel intermediaries globally via Hotelbeds' proprietary B2B platform.
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