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Huazhu better equipped to deal with ups and downs of the business cycle

06/02/2022|4 years ago

Taking care of its stakeholders and refining its sales strategy as per the demand being seen locally, the hotel company believes it is now better prepared to deal with uncertainty.

TRAVEL EASY secures $20 million for retail transformation in Europe

09/24/2019|7 years ago

TRAVEL EASY reported it earned 50 million euros in revenue and a gross profit of 100 million yuan in 2018.

Alipay partners Global Tax Free to roll out tax refund service in Singapore

02/09/2018|8 years ago

Alipay has rolled out the tax refund service in 20 countries worldwide, including South Korea and Germany. Singapore is the first country in Southeast Asia to implement the Alipay tax refund scheme.

Huazhu ranked 4th globally, Meituan files for IPO, and more in ChinaTravelNews Briefing

07/09/2018|8 years ago

AccorHotels’ shareholder Huazhu surpassed IHG in market capitalization as the world’s fourth highest valued hospitality group. Tencent-invested e-commerce and travel firms Meituan and Tongcheng Elong filed for Hong Kong listings.

Alibaba's ecosystem + Fliggy - how the combo is set to simplify travel buying?

06/19/2018|8 years ago

Alibaba garners vital information about its users with the presence of Fliggy, Taobao and Alipay in one user interface, taking friction out of trip planning and buying.

Deals Roundup: Travel finance has a long way to go

09/24/2016|10 years ago

A look at potential development of travel finance for consumers and suppliers, and a roundup of financing deals in travel industry:

China to implement 11% departure tax rebate

01/20/2015|11 years ago

The MOF policy was extended from the tax rebate trial in Hainan implemented since January 1 2011.

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