Search results for “Marketing initiatives”
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020|8:19:48 AM|
Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
Expedia rescinds 2020 guidance; Airbnb widens losses | Weekly Review
03/14/2020|10:29:49 AM|
OYO undergoes massive downsizing in China, while its local rivals merged amid the virus outbreak; Shanghai Disney reopened some shopping, dining and entertainment options.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020|11:21:10 PM|
The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
China issues travel warning, Qunar eyes IPO and more this week
01/10/2020|3:00:31 PM|
Major Chinese airlines canceled direct flights to Iran or re-route other flights to avoid the airspaces of Iran and Iraq; UnionPay has attracted 28.5 million merchants outside of mainland China.
Intelligent hotel solution provider Xiezhu Technology lands $37 million funding
01/10/2020|10:48:30 AM|
The company’s solutions are used by 8,000 hotels in China and have helped upgrade 350,000 rooms.
Qunar.com CEO not ruling out independent IPO
01/03/2020|5:41:13 PM|
Qunar's APP has 28.88 million active users, second only to Ctrip, according to an Analysys guide on China's online travel booking market 2019.
Booking.com chairwoman on China market, brand synergy and new growth engines
12/09/2019|8:10:43 AM|
Early entry was but the first step of Booking.com’s game plan on building its presence in China, and partnering with major local players is deemed essential.
WeChat Alliance launched to connect global destinations with Chinese travelers
12/03/2019|2:50:54 PM|
The WeChat Alliance initiative comprises four programs: Destination Service Digitalization, Industry Growth Workshop, Industry Growth Fund and Alliance Summit.
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