Search results for “hotel market”
Chinese outbound travelers estimated to top 117 million in 2014
01/14/2015|6:19:19 PM|
A survey also shows that short-haul destinations were still more popular, though the number of Chinese travelling to Southeast Asia plunged more than 34%
China Lodging nabs three Merrylin Hotels
12/11/2014|11:32:07 AM|
China Lodging acquired long-term leasing of the properties and is committing RMB100 million to renovate the three Merrylin hotels for rebranding under its mid-range JI Hotel brand.
Qunar’s “customer poaching” heats up cutthroat OTA war
12/15/2014|11:14:36 AM|
Qunar is tempting hotels’ with zero commission and e-currency for every converted booking. Customers and hotels stand to benefit from the campaign and Qunar will gain room nights, albeit at heavy campaign cost and no additional revenue.
Qunar invests in Travelling Bestone
12/26/2014|9:37:06 AM|
Qunar’s largest investment yet is in China’s largest travel agency chain, Travelling Bestone.
GZL to expand in Guangdong and Shanghai
12/18/2014|10:05:30 AM|
GZL will acquire Guangdong and Shanghai tour operators and accelerate innovation of its business models for products in the value chain.
Wanda CEO marks Disney but not Jack Ma as competition
12/23/2014|10:00:35 AM|
Dalian Wanda Group CEO Jianlin Wang talks about Wanda Commercial Properties HKSE IPO and future plans for Wanda Group.
Ctrip gives Tuniu US15 million boost
12/12/2014|11:07:02 AM|
A recent visit by Tuniu COO Haifeng Yan to JD.com has raised speculation that JD.com might be an investor. A move that will further complicate the relationship among China's OTAs.
Wanda Tourism sees excellent growth in subsidiaries
12/17/2014|10:24:28 AM|
Wanda Group’s tourism subsidiaries reported RMB1.71 billion revenues, equivalent to 24% of this year's annual revenue goal of RMB 7.125 billion.
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