Search results for “expansion”
Travel industry posts huge gains in top 100 Chinese brands valuation
09/18/2016|10:36:12 AM|
Study shows Air China ranks 19 in brand value, a YoY increase of 26%; Home Inn 74,a YoY increase of 3% and Ctrip 44, a YoY increase of 40%.
Boutique B&B brand Short Stay Technology raises multi-million-dollar financing
03/20/2018|9:18:47 AM|
Short Stay Technology, founded by Qyer former COO, has recently secured millions of dollars in funding. It will further develop housing source to expand in major tourist cities in Japan.
Alitrip launches VR view for mid- and up-scale hotels
09/30/2016|2:04:15 PM|
Alitrip launched 360-degree panoramic VR viewing of hotels listed on its platform. This is expected to help mid to upper range hotels increase booking conversion.
XiaoMing Bike secures a millions-of-yuan angel round
09/29/2016|3:48:40 PM|
Following bike rental ofo’s millions-of-dollar round backed by Didi Chuxing and recent financing of Mobike and YouBai, peer XiaoMing Bike also raised millions of yuan in an angel round.
Tuniu expands with aggressive acquisition plans post IPO
03/10/2015|10:08:45 PM|
Tuniu has announced on March 9 2015 the acquisition of Hangzhou-based Zhongshan Travel and Tianjin-based China Classical Holiday.
Online apartment service provider mamahome completes A-round funding
09/14/2016|9:26:39 AM|
Shanghai-based online apartment service provider mamahome announced on September 6 it has completed its A-round funding, with City Developments Limited making a strategic investment in the company.
BTG-Homeinns goes for franchise as combined net income drops
09/13/2016|9:19:10 PM|
BTG Hotels, the new parent company of Homeinns, reported 66.73% decline in net income for the first half of 2016.
Chinese hotel groups get ready for new battles
05/15/2015|10:51:45 PM|
Chinese hotels are under pressure, with wobbling RevPAR adversely impacting the overall profitability in Q1.
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