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Wanda unveils mid-end hotel brand, Shangri-La ties up with Klook, and more
12/10/2018|11:54:46 AM|
Visa-free entry to the EU may add €12.5 billion more tourism spending from Chinese visitors every year. Budget airlines in China are actively growing ancillary revenues, while state-owned carriers only provide prepaid seat selection options for international flights.
Ctrip embarks on hotel operation, Xiaozhu gets $300 million funding, and more
10/18/2018|8:22:02 AM|
High-speed railway passenger volume increased by more than 50% year-on-year during China’s National Day holiday, Airbnb rival Xiaozhu has pocketed $300 million for beefing up security and services.
Wanda reinstates its hotel ambition with Wanda Moments brand
12/04/2018|9:05:53 AM|
Wanda Hotels & Resorts has been heading towards being asset-light following a blockbuster deal in July 2017 that changed its asset portfolio.
Meituan realigns hotel & travel units, Alibaba and JD.com embark on hotels, and more
11/05/2018|10:49:13 AM|
Meituan Dianping has restructured its organizations and repositioned its hotel & travel businesses, Alibaba and JD.com made moves into the hotel sector and Didi will likely follow suit.
Hotelbeds Group launches consolidated brand identity
11/02/2018|9:44:28 AM|
Hotelbeds Group and its commercial Bedbank brand, Hotelbeds, both now branded simply as ‘Hotelbeds’ underlining core focus on the bedbank sector.
Meituan Dianping restructures and removes hotel & travel businesses
10/31/2018|3:19:28 PM|
Meituan’s in-store business, hotels, domestic vacation services and Zhenguo Homes have been integrated into a new in-store business unit. The transportation business is transferred to the LBS platform.
Online giant JD.com backs hotel business with its retailing strength
10/27/2018|5:57:16 PM|
Jingdong Travel will support hotel operators and suppliers with immersive experience, membership benefits, connection platform and all-inclusive marketing services.
Travelport becomes first GDS operator to offer NDC content
10/24/2018|11:13:45 AM|
Travelport published a Roadmap for its initial range of NDC products in February, having been the first GDS operator in December 2017 to acquire Level 3 certification from IATA as an aggregator.
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