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Alibaba-invested Shiji expands to US, opens overseas office in Atlanta

The hotel tech firm continues its international growth with new product and service launches.

08/21/2018|8:30:44 PM|Hospitalitynet

Ctrip records $10m offline daily sales, Alibaba invests in FunNow, and more

Huazhu acquired 71.2% shares of Blossom Hill for RMB 462.9 million; OYO signed 400 hotels and 25,000 rooms in China last month alone; travel service firm KLOOK raised $200 million.

08/19/2018|3:54:23 PM|ChinaTravelNews

Economy hotels form 87.3% of China’s accommodation supply in 2017

By the end of 2017, China registered 457,834 accommodation facilities and 16,770,394 guest rooms. About 69% of them were hotels and 31% were alternative accommodations.

08/16/2018|8:33:13 AM|ChinaTravelNews

China’s cruise industry projected to create 460 billion yuan by 2035

Asia’s cruise market is sailing into a golden era, powered by significant growth in China. By 2035, China’s cruise industry is projected to generate 460 billion yuan in revenue.

08/10/2018|9:19:56 AM|ChinaTravelNews

Ctrip offline stores reap $10.24 million sales in a single day

James Liang, Ctrip's co-founder and executive chairman, said that there is still huge potential for offline stores in smaller cities and that Ctrip will grow its presence in third- and fourth-tier cities.

08/08/2018|5:38:58 PM|ChinaTravelNews

China finds India’s OYO add 25,000 guest rooms in a month

In July alone, OYO Rooms signed about 400 franchisees and added more than 25,000 rooms in China.

08/08/2018|8:56:14 AM|ChinaTravelNews

Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more

Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.

08/06/2018|11:58:59 AM|ChinaTravelNews

Turkish Airlines to launch official store on Fliggy

Their membership systems will be deeply integrated, and Fliggy’s members will be able to experience value-added services and rights, such as coupons and credits that TK offers to its corresponding tier members.

07/30/2018|4:18:14 PM|TurkishAirlines
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