China Lodging Group, parent company of the HanTing economy hotel brands, is expected to raise $90-110 million in its Nasdaq IPO this week.
China Lodging Group IPO shines light on Ctrip supplier strategy
March 25, 2010 By 6 Comments
Ctrip continues shopping spree, invests in hotel companies
March 15, 2010 By 3 Comments
Days after announcing a public offering to beef up its acquisition kitty, Ctrip, the Chinese online travel company, revealed plans to invest in two hotel-management outfits.
Ctrip may go shopping for acquisitions too
March 5, 2010 By 5 Comments
Priceline is putting itself into position to get into acquisition mode, and in China, Ctrip is doing likewise.
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Ctrip to buy 90% of Hong Kong agency to improve position in Greater China
February 2, 2010 By 3 Comments
Leading Shanghai-based online travel agency Ctrip.com revealed it intends to pay $88 million in cash to buy 90% of the shares of Wing On Travel, a leisure travel agency headquartered in Hong Kong.
China travel executives still in pursuit of best social media strategy
December 23, 2009 By 6 Comments
The fast pace of change in social media tools and the travel market in China are combining to inspire a search for the best way to reach China’s increasingly affluent, increasingly independent travelers.
The future of social media’s role in China’s travel market was a hot topic at the recent China Travel Distribution Summit at the OCT Interlaken Resort in Shenzhen.
Online travel agencies such as CTrip and E-Long, as well as hotels, airlines, and travel meta search sites—all kinds of companies effected by online travel research and booking—are looking for the best ways to use social media to connect with travelers
Expedia’s world view: Choice Hotels, China, agency model in Europe, TripAdvisor
October 29, 2009 By 4 Comments
Expedia Inc. made some money in the third quarter, $144.9 million, a 23% increase, and produced very solid growth in total transactions, including air ticket and hotel-room bookings, but saw its revenue margin decline as revenue per air ticket and revenue per room night plummeted.
Officials overall were pleased with the results, but warned of a continued tough environment in 2010.
Turning to some of the hot-button issues, Expedia Inc. President and CEO Dara Khosrowshahi downplayed the import of losing Choice Hotels.
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