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Ctrip records $10m offline daily sales, Alibaba invests in FunNow, and more

08/19/2018|3:54:23 PM|

Huazhu acquired 71.2% shares of Blossom Hill for RMB 462.9 million; OYO signed 400 hotels and 25,000 rooms in China last month alone; travel service firm KLOOK raised $200 million.

HNA to pump ￥50 billion to promote digital transformation with HiApp

10/18/2017|5:40:17 PM|

HNA plans to pump ￥50 billion into tourism digital transformation by supplying public service products for innovators and services to innovative enterprises that offer unique services and technology.

Carlson Rezidor to expand Greater China operations

05/20/2015|6:25:44 PM|

The Carlson Rezidor Hotel Group will launch two original brands in China and plans to quadruple the number of its hotels in China in the next four years.

Alitrip kicks off “future hotels” scheme with “Credit Stay” service

03/31/2015|7:21:29 AM|

Alitrip has introduced Credit Stay in the first stage of its “future hotels” strategy that aims to revolutionize OTA involvement in the hotel industry.

Investment in China’s luxury hotels set to slowdown

01/29/2015|10:41:26 AM|

China's star-rated hotels have resorted to voluntarily lowering their star ranking and selling off assets t survive.

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