Search results for “hotel market”
Quarterly room nights exceed 11 million in new record for eLong in Q2 2015
08/04/2015|8:51:17 PM|
eLong is well positioned with a strong leadership team, significant customer base, and adequate cash balance, according to its CEO.
Tujia completes $300 million round of financing at over US$1 billion valuation
08/03/2015|8:55:59 PM|
Tujia, China’s largest online platform for vacation rentals, has completed its D&D+ round of financing，raising $300 million at a valuation of more than $1 billion.
Breaking News: Group-buy site Meituan to acquire Kuxun from Expedia’s Tripadvisor
07/16/2015|9:43:51 PM|
Meituan has confirmed it will acquire full ownership of online travel platform Kuxun from Tripadvisor to step up its hotel coverage and complete its business range.
New Century Hotels teams with NJ Robotics to bring robots to the hotel industry
07/16/2015|9:43:22 PM|
New Century Hotels and Resorts and NJ Robotics have signed a strategic partnership to jointly explore the applications of smart robots in the hotel industry.
Small-scale PMS Golden Swan gets US$1.6 million Pre-A financing
07/10/2015|10:07:18 AM|
“Our goal is to become the leader in the market of medium- and small-sized hotels in third- to sixth-tier cities within the next three years,” said CEO Lihua Xiao.
Tuniu’s CEO rules out privatization amid globalization forays
08/06/2015|4:32:52 PM|
Tuniu’s CEO Donald Yu said it has no privatization plans but will accelerate its globalization strategy and aims to add 100 overseas destination centers overseas.
Group-buy platform Meituan sells 33 million room nights in six months
07/14/2015|10:03:01 AM|
Meituan enjoyed 190% growth in turnover in the first half of this year and transaction volume of RMB47 billion during the period.
Breaking News: Ctrip sets up overseas hotel investment platform
07/17/2015|9:42:54 PM|
Ctrip is joining hands with Huiyu Asset Management and Singapore-based F&H Group to form a fund management platform, Xieling Investment.
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