Search results for “room rate”
ITB China 2018 - a gateway to the pulse of the Chinese travelers
05/16/2018|8:38:18 AM|
The sheer size and the potential of the Chinese outbound travel category are luring companies from all over to be a part of the second edition of the ITB China travel trade show.
China hotels to gross $796 billion in 2018 in accommodation and F&B services
04/13/2018|5:54:46 PM|
Hotel report projects that China’s hotel industry will gross RMB 5 trillion from accommodation and F&B services in 2018. Jinjiang, BTG Homeinns and HUAZHU have been identified as the three biggest hotel groups.
ChinaTravelNews Briefing: Tencent vies for railway WiFi service, Meituan denies funding and more
04/20/2018|2:48:41 PM|
Both Tencent and Alibaba are eyeing a stake in Bullet Train Networks, Ctrip joins a consortium in a bid for car rental firm eHi’s privatization, and more in this week’s Briefing.
Chinese star-rated hotels generate 57.77 billion yuan in Q4, AOR at 57.71%
03/20/2018|6:37:32 PM|
Some 9,775 star-rated hotels in China reported totaled operating incomes of 57.77 billion yuan in Q4 2017, of which 25.251 billion yuan, or 43.71%, was room revenues.
Film Hotel raises $16 million in funding to speed up budget hotel makeover
04/11/2018|5:01:02 PM|
By integrating “films” and “hotels”, Film Hotel will create a new differentiated mid-scale hotel brand.
Boutique B&B brand Short Stay Technology raises multi-million-dollar financing
03/20/2018|9:18:47 AM|
Short Stay Technology, founded by Qyer former COO, has recently secured millions of dollars in funding. It will further develop housing source to expand in major tourist cities in Japan.
ChinaTravelNews Briefing: Ctrip Car licensed to run, Meituan buys Mobike, Airbnb Plus
04/08/2018|5:49:42 PM|
Ctrip Car gets the nod to run ride-hailing business; Meituan extends its offerings to 320 million annual active users through its Mobike acquisition; and higher fuel cost is affecting the growth of airlines.
Blockchain-based travel platform Trip.io secures hundreds of million funding
02/28/2018|8:53:06 AM|
Tripio plans to restructure hotel booking protocol using blockchain technology, so as to solve problems of high commission, intensive operation, false reviews and inaccurate updates on room status.
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