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Hotel giant Plateno Group launches travel app Plateno Trip
12/09/2015|6:18:05 PM|
Plateno Group has announced in Guangzhou that it will launch new hotel brands – Pin Hotel, Pinle Hotel and RuiChen Hotel, and new online brand Plateno Trip.
Meituan-Dianping forms strategic alliance with PMS provider BeyondHost
12/21/2015|9:59:43 PM|
Meituan-Dianping recently formed a strategic partnership with hotel PMS provider BeyondHost to set up an online open platform for hotels.
Didi-Kuaidi’s CEO says no immediate plans for IPO
12/21/2015|9:38:38 PM|
Didi-Kuaidi’s CEO Wei Cheng said the transportation platform has no immediate plans to go public.
Blackstone back in travel tech with $170 million IBS Software deal
12/18/2015|2:14:37 PM|
India-based travel tech firm IBS Software has confirmed that private equity giant Blackstone has invested $170 million for an undisclosed minority stake.
Hotel consolidator Dida Travel lists on the New Third Board
12/18/2015|10:27:15 AM|
Shenzhen-based Dida Travel has made a high-profile listing on the New Third Board and become the first international hotel resource consolidator to go public in China.
Homeinns returns to China stock market while Huazhu Hotels puts off privatization
12/17/2015|6:53:10 PM|
CEO David Sun said that Homeinns is returning to the Chinese stock market because Chinese investors understand the hotel group better that US investors.
Chinese tourists spend an average of RMB16,000 per person in Japan in 2015
01/20/2016|4:09:33 PM|
Chinese visitors were the top spenders in Japan, spending an avg RMB16,000 per person in comparison to avg RMB5,590 per person from visitors of other nationalities.
Hilton aims for China’s untapped mid-range hotel market with 400 planned openings
11/30/2015|12:31:03 AM|
Hilton plans to open 400 over the next 10 years and increase the number of its Hilton Garden Inns in the China.
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