Search results for “investment”
Fosun gets 6x return selling ixigo stake; Bali to reopen on Oct 14 | Daily Brief
10/09/2021|11:09:25 PM|
Stuck in China, consumers are spending millions for luxury goods in Hainan; Chinese tourists favor private, short-distance trips.
Alibaba-invested repricing startup Hotelmize eyes expansion in China and Asia
04/29/2020|9:56:10 AM|
While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
naked Group CEO: Going beyond China by next decade
10/21/2021|8:00:31 AM|
Common values are key for the asset-light luxury resort operator to locate a good partner.
Airbnb China president to step down; China expects 127 million railway trips | Daily Brief
09/30/2021|10:29:06 PM|
Beijing 2022 Winter Olympics will only sell tickets to Chinese citizens; Thailand targets Indian tourists to make up for absence of holidaymakers from China.
Tongcheng-Elong acquires PMS provider Jintiane, further consolidating its position in lower-tier cities
09/28/2021|4:56:15 PM|
The acquisition has deepened the online travel platform’s cooperation with over 10,000 hotels.
OTA giant invests in PMS provider; payment startup raises $160M | Daily Brief
04/16/2020|6:24:56 PM|
Hundreds of hotels in Wuhan call for government aid after voluntarily providing free rooms to medical workers battling coronavirus; Cathay Pacific carried 90% fewer passengers in March.
PMS provider GreenCloud gets Trip.com Group investment
04/16/2020|1:40:39 PM|
All major PMS providers in China now have OTA investors following this deal.
China suspends group travel to provinces; Huazhu Group changes CEO | Weekly Review
09/19/2021|10:26:40 PM|
Club Med eyes expansion in Southeast Asia; Tougher EU airport slot rules trigger Asia retaliation threat.
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