Search results for “supply chain”
Hotel room glut drives down room rate and revenue in China
08/03/2016|10:01:40 AM|
Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
Online short-term rental platform Iyumi raises RMB 100 million
06/07/2016|9:25:46 AM|
Online short-term rental platform Iyumi (“寓米短租”) , which operates iyumi.com and Share Man Apartment and has cooperated with nearly 200 well-known property developers, announced that it has raised RMB 100 million.
Hotel alliances: make or break for mid-regional hotels chains?
05/19/2016|9:38:11 AM|
Whether joining alliances can help all hotels? Are hotels in a position against OTA or they can co-exist with each other? Five executives gathered at ChinaTravelNews’ panel during the Hotel and Marketing Conference to discuss the matter yesterday.
LY.com taps into TMC segment by funding DT Travel
05/04/2016|8:47:36 PM|
LY.com announced that it has invested in DT Travel’s series A round. The move will help it expand in the TMC segment, which is estimated to be turning over more than RMB 100 billion and is expected to grow by 15%-20% annually for the next five years
Travelzen raises record RMB 600 million in C-round funding
03/23/2016|11:08:37 AM|
Shortly after the dismantling of its VIE structure, Travelzen has received RMB 600 million in its C-round funding from a group of investors including Addor Capital, United Capital and EB Fortune.
Time for Chinese hotels to gear up for dynamic pricing
03/22/2016|11:08:55 AM|
In China, travel companies are still predominantly working on static rates. In fact, some of the Chinese OTAs work on this model too.
Derysoft signs visual content distribution agreement with ice portal
03/23/2016|11:15:33 AM|
This partnership will enable global hotel companies and others in the hospitality distribution industry that uses DerbySoft solutions to access ICE Portal’s comprehensive library of enhanced hotel visuals and meta data.
CAR Inc. solidifies its position, entry barriers get stronger too
03/18/2016|11:12:19 AM|
As debt financing, vehicle purchasing and setting up operations and a brand get tougher in auto mobility, CAR believes its current position is quite strong at this juncture.
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