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Franchise Hotel Qingzhu secures three financing rounds in H1 2019
07/30/2019|3:04:23 PM|
Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.
Online travel firm Tongcheng-Elong launches OYU Hotel franchise network
07/22/2019|9:46:03 AM|
OYU hotels offer average rooms rates ranging from US$19 to $34 per night. The group aims to have a total of 2,500 hotels by the end of this year.
Crafting a digital strategy for “not-a-go-to-brand” in China
07/03/2019|5:37:51 PM|
Air France KLM is open to embracing various touchpoints in China, including the ones owned by 3rd party channels/ platforms.
Meituan partners with SiteMinder to explore the overseas hotel market
07/03/2019|10:55:18 AM|
By strategically partnering with SiteMinder, Meituan now has a complete hotel technology stack to attract international hotel markets, beginning with South-East Asia.
China’s online vacation booking maintains upward momentum
07/27/2019|6:27:43 PM|
From 2012 to 2018, the compound growth rate of online booking of vacation travel increased 42.97%, slightly higher than the 41.76% of the overall travel booking on the Internet.
Thailand receives 5.65 million Chinese mainland visitors in H1
07/27/2019|6:15:17 PM|
China remained the biggest tourist source market for Thailand and accounted for the bulk of Thailand’s tourism income.
Ctrip takes customized travel to version 3.0 and shoots for RMB10B GMV in two years
06/23/2019|10:42:37 PM|
Anticipating rising demand for customized travel, Ctrip has launched its 3.0 version platform to streamline processes for suppliers and serve high net-worth travelers with sharpened itinerary offerings.
China’s customized travel market worth RMB 100 billion, more products needed
07/11/2019|6:16:28 PM|
The customized travel market is likely to be more segmented. The market will desire more itineraries and products from different providers.
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