Search results for “hotel development”
Homeinns Hotel Group leaves its comfort zone, targets mid-scale segment
05/15/2015|10:55:00 PM|
Despite facing its toughest quarter since Homeinns was established in 2002, the group is hopeful of building on its positive metrics from Q1
MOC investigates accusations of monopoly, puts pressure on Ctrip- eLong “partnership”
06/04/2015|10:20:10 AM|
The MOC still must investigate whether or not the Ctrip and eLong link up amounts to a monopoly.
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.
Tourism IT Fangcang raises almost US$10 million in Series A financing
05/13/2015|10:30:15 AM|
Fangcang has raised RMB60 million in a Series A financing, the third round of investment for Fangcang in two years.
Carlson Rezidor to expand Greater China operations
05/20/2015|6:25:44 PM|
The Carlson Rezidor Hotel Group will launch two original brands in China and plans to quadruple the number of its hotels in China in the next four years.
Chinese arrivals to Italy grows 18% per year
06/02/2015|9:12:16 PM|
Italy has now become one of the top European destinations for Chinese tourists with 4 million arrivals expected this year.
China’s OTAs net US$14 billion in transactions in Q1 2015
05/18/2015|10:47:22 PM|
China’s OTA market recorded RMB87.5 billion in transactions during the first quarter of 2015 an increase q-o-q of 11.7% and 29.2% y-o-y.
Apartment rental QK365 receives US$29 million in Series B financing
06/01/2015|9:14:05 PM|
Shanghai-based apartment rental service QK365 announced it received a funding of RMB180 million (approx: US$29 million) in its Series B financing round.
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