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Chinese outbound travel – OTAs figure prominently in hotel distribution mix
08/27/2015|6:07:31 PM|
For hotel companies targeting Chinese outbound travel segment, the reliance on OTAs is important at this juncture.
Qunar reports US$142 million revenue and 145.2% more hotel room sales in Q2 2015
08/25/2015|8:50:56 AM|
"Qunar's y-o-y rev growth reached 120% in Q2, the 5th consecutive quarter of over 100% growth," said Qunar CEO Chenchao (CC) Zhuang,
Qunar claims to be China’s largest mobile hotel booking platform in Q2 2015
08/06/2015|11:00:44 PM|
Qunar achieved an average of more than 300,000 daily hotel room nights stayed in peak days in the week of July 27th.
Tuniu’s Net revenues increased by 111.9% y-o-y in Q2 2015
08/24/2015|8:50:36 AM|
Tuniu announced its net revenues increased by 111.9% y-o-y to RMB1,518.2 million (US$ 244.9 million) in Q2 2015.
WeChat for room bookings isn’t just about revenue, experience counts too
08/05/2015|10:57:01 PM|
Rather than focusing on too many sales promotion messages on WeChat, hotel companies need to find ways to augment their customer experience program goals.
Paths may clash, but Ctrip and eLong are working towards laser-sharp positioning
08/05/2015|9:16:23 PM|
Ctrip and eLong are making bold moves, especially in thier approach to respective product strategies and thier decision to monetize the mobile channel.
Local travel startup Yikuaiqu raises US$4 million in A+ financing round
08/04/2015|5:29:36 PM|
Online local travel service Yikuaiqu announced it received RMB25 million (approx: US$4 million) in an A+ financing round.
Ctrip enters the micro-conference market with its launch of a “Hotel+Venue” channel
08/22/2015|8:54:17 AM|
China's conference industry is booming, with estimated total value above RMB400 billion for in 2014 and Ctrip is C\capitalizing on this trend “Hotel + Venue” channel.
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