Search results for “economy hotels”
Homeinns returns to China stock market while Huazhu Hotels puts off privatization
12/17/2015|6:53:10 PM|
CEO David Sun said that Homeinns is returning to the Chinese stock market because Chinese investors understand the hotel group better that US investors.
Jin Jiang International becomes largest shareholder of AccorHotels
02/04/2016|6:06:45 PM|
Jin Jiang International again raised its shareholding of AccorHotels to 6.03% and became the largest shareholder of the French hotel group.
Joyu Group captures RMB 800 million funding to kickstart crossover of drama IP with travel and internet
02/05/2016|6:44:01 PM|
Joyu Group has gained RMB 800 million funding from a group of investors including Huace Film & TV on February 4. The deal will kickstart a new era for crossover collaboration between China’s movie and tv show giants and tourism destination operators.
Clash of the Titans: China’s hotel groups Vs OTAs
12/09/2014|11:46:39 AM|
“Beating them at their own game” is the key tactic being adopted by hotel groups in their fight with the OTAs.
Tuniu Announces Strategies for Hotel Booking, Themed Tours, and Air Ticketing
01/22/2016|11:19:00 PM|
New Initiatives to Cement Tuniu’s Position as One-Stop Platform for Chinese Leisure Travellers.
China gears up for a strong impression on Indian e-commerce footprint
01/09/2016|4:28:02 PM|
Ctrip’s decision to invest in MakeMyTrip is just one example of how Chinese companies, led by Alibaba, are pursuing ways to be a part of growth story in India.
Huazhu Hotels to acquire local budget hotel chain Hotel Home
12/25/2015|11:16:55 PM|
Huazhu Hotels has signed an acquisition agreement with budget hotel chain Hotel Home estimated to be worth around RMB80 million.
Time for hotels to dig deeper post consolidation among OTAs
12/22/2015|3:33:41 PM|
2015 witnessed heavy consolidation in the OTA space in China. So what needs to be done by hotels to balance out their distribution mix?
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