Search results for “hotel rates”
Fitness brand Hyperfit funded for hotel fitness reinvention
08/20/2018|8:53:24 AM|
Though an emerging player in the market, Hyperfit has maintained an in-store conversion rate of 80% and a repurchase rate of over 80% through word of mouth. The numbers are still growing.
Chauffeured service provider Heycars teams up with 2018 TravelDaily Conference
09/02/2018|9:41:15 AM|
Heycars aims to link up air, accommodation and in-destination services with its own chauffeur offerings to build up a better end-to-end travel experience.
Economy hotels form 87.3% of China’s accommodation supply in 2017
08/16/2018|8:33:13 AM|
By the end of 2017, China registered 457,834 accommodation facilities and 16,770,394 guest rooms. About 69% of them were hotels and 31% were alternative accommodations.
How are hotels responding to the seismic shift in staying at a location?
08/24/2018|8:15:33 AM|
Hotels are experimenting and evolving in terms of their design, amenities, service etc. Accordingly, the combination of data, content and technology, too, needs to transform to attain guest-centricity.
Cutting down on payment-related fraud via machine learning and AI
08/15/2018|7:52:49 AM|
Travel merchants need to do away with outdated antifraud technologies that cause high false positive rate. That’s why companies are being recommended to go for real-time machine learning.
Shared lodging brand Islands completes a new funding round
07/31/2018|9:05:36 AM|
Islands is applying the Uber model to provide branding support for independent hotels in the areas of operation and management, channel sales, membership system, information system and supply chain.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018|11:58:59 AM|
Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
Five-star hotels have the highest occupancy rate in Q3 2016
01/10/2017|2:36:56 PM|
In Q3 of 2016, there are altogether 10,488 hotels were audited provincial tourism administrations. Five-star hotels in 16 provinces had higher average occupancy rate than the national average of 62.24%.
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