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Smart hotel solution provider Systemteq lands million-dollar funding round
09/03/2018|3:10:53 PM|
The company works with Alibaba to create smart hotels.
Island tour specialist Qulv raises USD 40 million in B round
01/06/2017|9:26:21 AM|
Island vacation platform Qulv announced on January 5 that it has received USD 40 million in its series B round funding.
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.
Membership consumer service Black Fish raises $50 million in Series A+ round
08/27/2018|10:29:11 AM|
Taking a cue from the business models of American Express and Costco, Black Fish builds its own membership system and provides finance, tourism and merchandise services to its registered members.
Ctrip eyes Asian and global presence with Trip.com’s diversifying services
08/01/2018|7:58:26 AM|
The company is blazing a globalization trail through localizing its services in its targeted destinations, starting with the flourishing Asian neighbors.
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.
How are hotels responding to the seismic shift in staying at a location?
08/24/2018|8:15:33 AM|
Hotels are experimenting and evolving in terms of their design, amenities, service etc. Accordingly, the combination of data, content and technology, too, needs to transform to attain guest-centricity.
Atour Hotel receives USD 100 million in C round
12/23/2016|11:07:10 PM|
Atour Hotel announced on December 23 that it has raised USD 100 million in its series C round funding. The round has Legend Capital and Alibaba’s former CEO Zhaoxi Lu as investors.
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