Search results for “hotel data”
Booking funds Didi, Airbnb China names new president, Baidu and Alibaba vie for smart hotel
07/23/2018|1:56:10 PM|
Booking Holdings invested $500 million in China’s ride-hailing platform Didi Chuxing. Airbnb China appointed a local serial entrepreneur as its new president. WeChat Pay decided to focus on outbound Chinese tourists.
Localized content for bookings from China – a must for foreign hotels
08/09/2018|7:37:28 AM|
Foreign hotel companies need to focus on providing better content to 3rd party hotel intermediaries in China in order to step up the conversion rate for their outbound business.
China’s star-rated hotels report Q1 revenue at ￥48.711 billion
08/23/2018|8:22:33 AM|
In Q1, the average room rate (ARR) of all star-rated hotels was RMB 343.13 per room night, average occupancy rate (AOR) was 50.55% (+0.35pp), and revenue per available room (RevPAR) was RMB 173.45 (1.77%).
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018|11:58:59 AM|
Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
Ctrip-invested Tongcheng Tourism leads funding in Mehood Hotel
08/14/2018|4:16:20 PM|
Mehood expects to add 300 hotels to its inventory and launch 150 hotels by the end of this year, and increase the number of its hotels to 1,500 and open 1,000 hotels by 2022.
Huazhu Group ranked as world’s 4th highest value hotel group
06/28/2018|10:02:03 AM|
The Chinese hotel group had a market capitalization of around USD 12.8 billion as of June 26, trailing just behind Marriott, Hilton and Accor.
Travel firms in Asia Pacific leverage data analytics to forecast demand
06/16/2017|2:03:44 PM|
Travel companies in Asia Pacific with China in particular are embedding analytics into their organizations to forecast demand and increase revenues, according to a survey by Hotelbeds.
Fliggy joins hundred-million-yuan funding in intercity transport service firm Bus365
08/13/2018|5:00:59 PM|
Bus365 can better reach the 500 million users of Alibaba’s C2C branch Taobao with its offline outlets, and connect with the air and train tickets, hotels and vacation packages on Fliggy.
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