Search results for “budget chain hotel”
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.
Global OTA fires China director; OYO cuts 60% of China staff | Daily Brief
03/04/2020|11:17:56 PM|
Airbnb’s plan for public listing this year is at risk of slipping into 2021; China's ski industry may lose USD 1.1 billion.
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020|4:49:38 PM|
China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief
02/19/2020|12:07:04 AM|
Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.
Online travel firm Tongcheng-Elong launches OYU Hotel franchise network
07/22/2019|9:46:03 AM|
OYU hotels offer average rooms rates ranging from US$19 to $34 per night. The group aims to have a total of 2,500 hotels by the end of this year.
Accor Hotels holds 10.2% and Ctrip holds 7.5% equity of Huazhu
04/22/2019|6:10:46 PM|
As of December 31, 2018, Huazhu operated 4,230 hotels in China with hotel network covered 403 cities in 32 provinces and municipalities across China.
Didi reported to be making initial exploration of hotel operations
10/29/2018|1:08:55 PM|
Sources said Didi’s intention to enter the hotel sector is certain, but is still in preliminary exploration.
Meituan realigns hotel & travel units, Alibaba and JD.com embark on hotels, and more
11/05/2018|10:49:13 AM|
Meituan Dianping has restructured its organizations and repositioned its hotel & travel businesses, Alibaba and JD.com made moves into the hotel sector and Didi will likely follow suit.
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