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In 2004 it merged with Beijing New Yansha Group (the developer of the Golden Resources Mall), restaurant operators Quanjude and Donglaishun, and the Antique City Group. [4] In 2015 BTG bought the Home Inn hotel chain for 11 billion RMB. [5] In 2016 it had RMB 73 billion in assets and RMB 44 billion in revenue. [6]
The CITS Group Corporation (Chinese: 中国国旅集团有限公司; pinyin: Zhōngguó Guólǚ Jítuán Yǒuxiàn Gōngsī) is a state-owned leisure and tourism corporation based in Beijing, China. [ 1 ] [ 2 ] With registered capital of CN¥390 million, the group is one of the largest Chinese tourism enterprises. [ 3 ]
In July 2015, MakeMyTrip invested in the travel information and hotel review portal HolidayIQ and picked up approximately 30% stake in the company. [15] In the same month, it invested $5 million in a startup called Bona Vita. [16] In January 2016, the China-based travel booking company Ctrip agreed to invest $180 million in MakeMyTrip. [17]
A travel website is a website that provides travel reviews, trip fares, or a combination of both. Over 1.5 billion people book travel per year, 70% of which is done online. Over 1.5 billion people book travel per year, 70% of which is done online.
The complaint reached its highest point during the COVID-19 outbreak in China, when the Civil Aviation Administration of China (CAAC) issued a statement on its website on January 21, 2020, requiring airlines and travel agencies should handle their refund requests free of charge for passengers who have already purchased flight tickets to or from Wuhan, Hubei and wish to cancel their trip. [6]
In 2007, Agoda was acquired by Booking Holdings, formerly The Priceline Group. [7] Agoda launched iOS and Android mobile apps in July 2011. [8] [9] [10] After Booking Holdings acquired Israel-based startup Qlika in 2014, the Qlika team joined Agoda to automate and scale its marketing systems. [11]
After a merger in 2004 with Beijing New Yansha Group, Quanjude is now a part of the Beijing Tourism Group, [2] a state-owned enterprise. [ 3 ] The company's stock is listed on the Shanghai stock exchange .
In 2011, the launch of HotelTonight highlighted instantaneous same-day hotel room booking. [50] In 2021, travel agency Baldwins Travel Group, which was founded in 1895 was bought by business group [55] Inc & Co.
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