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Trip.com Group invests in business lounge operator DragonPass
12/25/2019|9:48:55 AM|
DragonPass generated revenues of 1.1 billion yuan in 2019, representing a compound annual growth rate of 40% compared to three years ago.
Accommodation operator ttg lands tens of millions of yuan in funding
12/24/2019|4:56:35 PM|
ttg has so far serviced over 100,000 travelers who spent an average price of 90 to 120 yuan per order.
Travel culture content provider SanMaoYou secures tens of millions of yuan
11/27/2019|10:00:44 AM|
SanMaoYou reported revenues in excess of 10 million so far this year, compared to 6 million in 2018. The company broke even in early 2018 and has become profitable since.
Huazhu Group re-appoints chairman as new CEO, eyeing international expansion
11/08/2019|8:46:50 PM|
The Shanghai-based company also unveiled its "Accelerated Growth Goal" of establishing a global hotel network in the next five years.
Hotel data operator Htrip secures RMB 100 million in A+ round funding
11/21/2019|6:01:24 PM|
As of October 2019, Htrip has formed strategic cooperation with 34 out of the top 100 domestic hotel groups.
Asia Pacific's villa rental market rises 12% to US$440m in past 2 years
11/15/2019|10:53:00 PM|
China overtook Australia as the top source market for visitors to Bali.
CEO Ji Qi foresees the future of Huazhu as a “world-class hotel company”
11/14/2019|9:59:36 AM|
The team, led by Qi and Jenny Zhang, is ready for a major leap after being in the business for 14 years. Huazhu is eyeing 10,000 hotels in 3-5 years, and sufficient scale in geographic areas outside China, too.
Trip.com Group eyes TripAdvisor’s valuable assets via new pact
11/07/2019|6:24:30 PM|
The group has taken this initiative to strengthen the overall trip planning tools that its brands have to offer, and in doing so also intends to propel the growth of its key brands, Trip.com and Skyscanner.
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