Search results for “hotel investment”
ChinaTravelNews Briefing: Tencent vies for railway WiFi service, Meituan denies funding and more
04/20/2018|2:48:41 PM|
Both Tencent and Alibaba are eyeing a stake in Bullet Train Networks, Ctrip joins a consortium in a bid for car rental firm eHi’s privatization, and more in this week’s Briefing.
New-generation lodging service provider ttg lands tens of millions of yuan in funding
05/08/2018|9:08:59 AM|
ttg aims to become a new-generation accommodation service provider while exploring new possibilities in the travel accommodation sector.
B2B hotel platform Mogu Trip fully acquired by travel service provider Yundijie
04/29/2018|9:06:01 PM|
The acquisition of Mogu Trip will help Yundijie branch out into the international hotel distribution business and further enhance its product supplies to increase competitiveness.
Travel firm PKFARE acquires tens of millions of yuan, backed by Caissa Tourism
04/18/2018|8:46:17 AM|
Having won financing from Civil Aviation Investment Fund, Caissa Tourism and CKGSB Chuang Fund, PKFARE will continue to exploit the supply chain and product inventories.
Tongcheng-backed startup Zhenlv Technology raises multimillion yuan
05/04/2018|10:12:35 AM|
Zhenlv is a travel SaaS cloud service provider and is said to be valued at nearly RMB 100 million ($15.75 million).
China hotels to gross $796 billion in 2018 in accommodation and F&B services
04/13/2018|5:54:46 PM|
Hotel report projects that China’s hotel industry will gross RMB 5 trillion from accommodation and F&B services in 2018. Jinjiang, BTG Homeinns and HUAZHU have been identified as the three biggest hotel groups.
Shiji’s deal with Baoku lends a new dimension to platform strategy
04/10/2018|8:01:16 AM|
In addition to knowing about consumers’ activities, Shiji is set to learn details about their business travel via Baoku’s cloud-based travel management platform.
China’s hotel consolidator DidaTravel raises $8 million
04/09/2018|8:42:41 AM|
DidaTravel will continue to increase direct procurement of hotel resources, expand overseas sales and domestic offline channels after completion of the current round.
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