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Search results for “cultural venues”
Airbnb talked to HotelTonight about an acquisition but would it make sense?
01/21/2019
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3:36:32 PM
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“The rumor of Airbnb looking to acquire HotelTonight either signals a meaningful shift to offer traditional hotels, or acquire the IT behind the HotelTonight platform,” said a senior equity analyst at Morningstar.
Attractions move slowly to SaaS, distribution demand keeps growing
11/23/2018
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5:31:05 PM
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On average, distribution can account for 20%-40% of attraction sales. Online resellers in particular are making big investments in marketing to acquire more market share.
Chinese island lovers fall for themed and customized tours
12/03/2018
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4:15:08 PM
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Island tours as part of the outbound travel pie from China stand out for their popularity.
Chinese OTA Tuniu leads 40 million yuan funding for outdoor event platform Tourye
12/10/2018
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3:12:08 PM
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Travel products booking fees, sports equipment and advertising services are the three major revenue streams for Tourye, and travel product booking revenues make up more than 90% of total.
Ctrip pushes on, global brands and lessons learnt in China and holy places
09/27/2018
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11:47:11 AM
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Growth is slowing, but travel players remain bullish; competition is rising, but incumbents remain bold; the big are getting bigger, but the small are undaunted.
Muji Hotel Beijing becomes second property in portfolio
07/19/2018
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9:08:14 AM
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Guest rooms are available in six types and standard amenities include many of the same items sold in Muji stores
Huazhu ranked 4th globally, Meituan files for IPO, and more in ChinaTravelNews Briefing
07/09/2018
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10:48:48 AM
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AccorHotels’ shareholder Huazhu surpassed IHG in market capitalization as the world’s fourth highest valued hospitality group. Tencent-invested e-commerce and travel firms Meituan and Tongcheng Elong filed for Hong Kong listings.
Fosun to list tourism business in $500 million-plus IPO
12/08/2017
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3:31:29 PM
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Chinese conglomerate Fosun International is in talks with investment banks to list its tourism business to raise at least $500 million, according to people familiar with the situation.
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