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State-owned giant OCT pumps $312 million into Ctrip-invested Tongcheng Tourism
06/05/2018|2:58:33 PM|
With the capital investment, the two parties will work together to develop the business landscape, optimize tourism informatization, integrate destination resources and upgrade user consumption.
Marriott will have more hotels in China than the US in 5 years
10/07/2016|6:11:41 PM|
Marriott plans to open about 100 mid-scale hotels in China within next five years. This is expected to give the hotel group a bigger presence in China than in the United States.
Intelligent homestay provider Ostay secures $1.56 million investment
05/31/2018|2:17:49 PM|
Ostay is cooperating with Airbnb, Ctrip, Tujia and local third-party platforms overseas to offer B2B accommodation for Chinese outbound travelers.
C2B guide-matching platform UGuide secures $1.56 million in funds
05/30/2018|10:24:53 AM|
UGuide is considering to remove tour operators from its operation and serve individual customers directly by acquiring customers through international social media.
Ctrip leads financing into smart catering service provider Mwee with $24 million
05/11/2018|6:03:54 PM|
Ctrip’s massive traffic volume will bring more high-net-worth users to the Mwee platform, and in turn the platform will connect with Ctrip to provide services in queuing, booking, ordering, payment and others.
ChinaTravelNews Briefing: Ctrip buys stake in Boom Supersonic, Alibaba works with Xiaozhu
05/04/2018|5:58:05 PM|
Ctrip invested in supersonic airplane developer Boom, launched a travel content platform, and teamed up with AccorHotels; Alibaba partnered with Xiaozhu, and rolled out a new booking portal with Marriott.
How to attain digital success in China? 8 key takeaways from ITB China
05/28/2018|2:03:44 PM|
It is imperative for foreign companies to best allocate their resources in China, work out presence on preferred channels, distribution strategy and make sure their brands remain true to what they stand for.
Ctrip backs its expansion plans in China and abroad
05/24/2018|9:22:25 AM|
Even as Ctrip is continuously gaining market share across all the business lines, the team has assured that they are ready to forego certain short-term financial benefits to ensure that customer-centricity doesn’t get off the hook.
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