Search results for “hotel operation”
Huazhu launches shared booking platform Yisu for independent hotels
04/23/2019|4:59:28 PM|
In the first year of its operation in 2019, Yisu will provide direct sales channels to soft brand stores and it will charge no commissions as its goal is not to make a short-term profit.
BTG Hotels’ operating income rises 71.33% YoY to ¥3.988 billion
08/31/2017|9:45:57 AM|
BTG Hotels reported operating income of ¥3.988 billion in H1 2017, an increase of 71.33%; net profit attributable to the parent company grew ¥227 million to ¥241 million, an increase of 1626.29%.
Guiddoo set to introduce new domain to woo travel agents in China
04/21/2019|1:50:53 PM|
The launch of Guiddoocn.com in the next couple of weeks will deliver 5,000-plus excursions at destinations for booking by small and medium travel agents across China.
90% of Hotelbeds partners boost distribution reach after Tourico, GTA integration
02/20/2019|3:41:20 PM|
Hotelbeds now offers hotels larger and wider range of travel buying intermediaries of more than 60,000 worldwide.
OYO fully acquires Chinese rival startup Islands
03/28/2019|10:58:54 AM|
The acquisition of this potential competitor not only delivers complementary advantages for OYO, but gives OYO more leverage in its expansion in China.
Chinese travelers to make 7 million outbound trips during Chinese New Year
01/30/2019|3:13:36 PM|
Top five international countries for Chinese travelers during Chinese New Year 2019 are, in descending order, Thailand, Japan, Singapore, Malaysia, and the United States.
GreenTree takes a 4.95% stake in New Century Hotel for $29.2 million
03/11/2019|4:19:27 PM|
GreenTree said that "there will be potential collaboration opportunities between the two companies" in the mid-scale to upscale hotel segment.
US travel income dropped due to stagnating arrivals, OYO sees China profitability, more
03/12/2019|10:26:17 AM|
Spending by international visitors in the US dropped nearly 1% largely due to stagnating visitor arrivals from China; OYO China CFO said that the firm will think through profitability models in China.
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