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mkim001

Marriott and Alibaba Partner to Reach Millions of Chinese Travelers - 0 views

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    This article emphasizes the fact that Chinese consumers is thriving in outbound travel. The number of people in China traveling is expected to increase from the current number of 150 million trips to 700 millions trips in the upcoming five years. With its significant growth, Marriott is taking extra measures to capture the eye of the interest of Chinese travelers. The Chinese e-commerce giant, Alibaba Group and Marriott declared a joint venture with their main purpose of building guest loyalty and uplifting the traveling experience for the Chinese market. With the increased income for the average Chinese middle class, traveling to the United States and Europe has become popular. Therefore, enabling "Alipay" through Fliggy (which is Alibaba's travel service platform) assists Chinese consumers to conveniently access digital pay for their trips. This particular venture was a huge stepping stone in forming the relationship with the known e-commerce company. Particular information pertaining to Chinese travelers, such as favored promotions, programs, and content also became more accessible to Marriott as this venture launched. Marriott's owners as well as franchisees are expecting to grasp these information to seize an ever growing Chinese travel market. Although Alipay is only available in certain Asia-Pacific hotels, it is expected to expand to the U.S. markets as well as the European market. Easy to use technology will aid in all steps of the booking process, starting from planning, booking, to paying and even managing a particular trip. Additionally, for Chinese consumers, Alipay, as mentioned above, is the main method of payment for Alibaba. 80% of e-commerce is made in Alibaba. Finally, this joint venture also enhances a crossover loyalty program feature. Through Marriott and Alibaba's loyalty program, point will be exchangeable and redeemable to further enhance consumer satisfaction.
LU DENG

How EBay Failed In China - Forbes - 0 views

  • In 2004, eBay had just entered China and was planning to dominate the China market. Alibaba was a local Chinese company that helped small- and medium-sized enterprises conducting business online.
  • As a defensive strategy, Ma decided to launch a competing consumer-to-consumer (C2C) auction site, not to make money, but to fend off eBay from taking away Alibaba’s customers.
  • While visiting Alibaba’s headquarters in Hangzhou, I felt the same “insanely great” energy of entrepreneurship as I felt in Silicon Valley.
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  • A new Web site named Taobao—meaning “digging for treasure”
  • Knowing that most small business people would rather watch TV than log on to the Internet, Ma secured advertisements for Taobao on major TV channels.
  • Unlike eBay EachNet, which charged its sellers for listing and transaction fees, Taobao was free to use.
  • According to a Morgan Stanley report, Taobao was more customer focused and user friendly than eBay EachNet.
  • Taobao had also better terms for its customers: it offered longer listing periods (fourteen days) and let customers extend for one more period automatically. EBay EachNet did not have this flexibility.
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    This is a very interesting article. As a Chinese teenager, I can experience all the changes and development of Taobao and how it won Chinese market that the author mentioned in this article. eBay can be successful in an international market, while failed rapidly in Chinese market. Firstly we can see how competitive the online market is. After this we also want to ask why eBay was beaten in China? The author of this article listed four reasons: 1) Compared with eBay, Taobao has better marketing strategies in dealing with local market. At the beginning, Taobao promoted itself through TV ads and later used short messages, which were more popular than Internet in China. 2) Taobao has less limitations on buyers and sellers through the whole process. For instance Taobao charges no listing and transaction fees on its sellers and it's free to register as a user in Taobao 3) Products made in China gives Taobao more chances to sell goods in competitive price. 3)Taobao has better terms for its customers, which helps it o to earn a good reputation and also makes Taobao more flexible in customer service. 4) The way that Taobao lists its items are more customer centric and adaptable to Chinese customers' tastes. E-commerce can bring unlimited chances and is full of adventures. As for me, marketing skills, excellent customer service and high-tech are the same important for a company if it wants to increase the share of market and makes profit. Taobao can be set as a good example in e-commerce history.  
Diana Sardina

Security of Guest Data Worries Hotel Technology Executives - 0 views

  • The executive panels during the three-day event called for tighter security for guest data and wider use of revenue management technology and strategy
  • Other panel members reminded attendees that staff security training is essential since many aspects of data security relate to the physical storage of guest data on registration cards and other documents
    • Diana Sardina
       
      We blame technology for everything and in many cases the simple things like storing registration cards is where our employees and hotels lack attention.
  • China’s exploding middle class is flexing its purchasing muscle and looking at the U.S. for its next vacation.
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  • recent terrorist attacks directed against hotels and uprisings in Asia and the Middle East make guest security a life-and-death matter in much of the world.
  • Chinese tourists have become a major target group for destination marketing organizations and tourism companies around the world. Here are several online marketing facts for hotel operators from the book that underscore the value of social marketing to the Chinese:
  • Chinese tourists have become a major target group for destination marketing organizations and tourism companies around the world. Here are several online marketing facts for hotel operators from the book that underscore the value of social marketing to the Chinese
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    In this article we can see how "security" is a common topic of concern among the hoteliers and I found very interesting that IT experts warned hotel mangers that in many cases where personal data of guest is stolen, the source is not exclusevily obtained by hacking computers, but by the lack of procedures to properly store this private information. The other important topic in this article is the wake up call for hoteliers about the chinese market and their interest to visit the US. The articles lists some online marketing facts about the importance of social media to the chinese and how we need to utilize social media to approach that market.
Melisah Miller

Travelfusion takes Chinese market by storm - 0 views

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    The article discusses the changes to come within the GDS Travelfusion. The changes would be the inclusion of China, which would be a great expansion. Travel fusion will now allow people in china to book travel and have access to not only book travel but have access to contact support in chinese. The article discusses the different locations of travel that can be booked from china. This in my opinion is def a great for the chinese, seeing that they have a great deal of travel going out its great that they can have a low cost site that helps find the best deals for travels.
YUE LI (3325307)

Pegasus partners with China's state-owned GDS | Hotel Management - 0 views

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    I like this article which related to the development of Chinese hospitality industry. This news showed that Pegasus Solutions and TravelSky Technology Limited had connected with China's state-owned global distribution system (GDS). In China, there are at most 1.2 billion potential customers, the hospitality market there is really attractive. This connection will allowing more and more Chinese people to book different hotels anywhere in the world even though when they at home. I believe this connection is a effective and successful choice. After that connection, it makes nearly 100,000 hotels of Pegasus' global hotel available for booking in China. Pegasus' has more than 1,000 hotels under nine brands. The first Pegasus customer to go live on the connection is Starwood Hotels & Resorts. Hoteliers recognized that there will be a lot hospitality business opportunity in China, so that they decided to take these opportunities and continue to get benefit from domestic and inbound travel by cooperating with Pegasus/TravelSky, in order to expand their businesses. This cooperation is indeed a win-win deal. Firstly, it let Starwood properties available to the 7,000 travel agents who work with TravelSky managing the increasing domestic and international Chinese travelers' growing demand. While, TravelSky has long-dominated the airline market in China, and it becomes both the second largest travel market in the Asia-Pacific region and the world's second largest economy. The new connection with Pegasus offers more accessibility to the collection of ebookable hotels.
natalieemmanuel

Alibaba has solved the one problem Amazon can't: B2B e-commerce - Fortune - 2 views

  • Incredibly, many businesses today still buy and sell supplies and materials with paper invoices, faxes, and checks. It’s a huge opportunity on which the two largest e-commerce companies in the U.S., eBay and Amazon, have not focused. Both companies run marketplaces, but they specialize in consumer-facing goods, not wholesale items and business supplies. Amazon has been running AmazonSupply, a wholesale site, in beta for two years, as CEO Jeff Bezos promotes increasingly flashier schemes around drone delivery, TV shows, mobile phones, and publishing.
  • But there is one true giant in the category: Alibaba, the Chinese retail darling that last week revealed plans for a $21.12 billion initial public offering, which has dominated in B2B e-commerce. I was reminded of this over the weekend while listening to Planet Money’s entertaining explainer of the Alibaba wholesale market. Through Alibaba.com and 1688.com, the company provides to people everywhere access to the Chinese supply chain. This means tinkerers, builders, entrepreneurs, and small businesses can order custom motors and parts from Chinese factories without having to travel there, find a scout, and forge a relationship with a manufacturer before doing business.
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    In the year2000 it was predicted that B2B e-commerce would be a trillion dollar market. However, what actually happened was underwhelming compared to the predictions previously made as the market only made about $559 billion. Surprisingly, most businesses still buy and sell products the "old fashioned" way using fax, paper invoices and paper checks. The big question is, why aren't the large e-commerce companies, including Ebay and Amazon, banking in on this market? Amazon has been testing a wholesale site called AmazonSupply for about two years. However, much like Ebay, Amazon specializes in selling consumer-facing goods. There is one e-commerce company who is dominating the market. Alibaba is a Chinese retail giant that is leading the B2B e-commerce world. Alibaba has succeeded by opening up the world of international suppliers to companies without having to form a relationship with the manufacturer before purchasing supplies. By using Alibaba as a mediator between businesses and suppliers, businesses can buy products in bulk without actually having to travel to China to do it. Alibaba has given businesses access to many manufacturers that they most likely otherwise would not have access to.
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    In the year2000 it was predicted that B2B e-commerce would be a trillion dollar market. However, what actually happened was underwhelming compared to the predictions previously made as the market only made about $559 billion. Surprisingly, most businesses still buy and sell products the "old fashioned" way using fax, paper invoices and paper checks. The big question is, why aren't the large e-commerce companies, including Ebay and Amazon, banking in on this market? Amazon has been testing a wholesale site called AmazonSupply for about two years. However, much like Ebay, Amazon specializes in selling consumer-facing goods. There is one e-commerce company who is dominating the market. Alibaba is a Chinese retail giant that is leading the B2B e-commerce world. Alibaba has succeeded by opening up the world of international suppliers to companies without having to form a relationship with the manufacturer before purchasing supplies. By using Alibaba as a mediator between businesses and suppliers, businesses can buy products in bulk without actually having to travel to China to do it. Alibaba has given businesses access to many manufacturers that they most likely otherwise would not have access to.
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    For an individual shopper, Alibaba has also created Ali Express, which gives an individual access to the same staggering number of products at near wholesale prices. They do indeed appear to have broken the code on B2B sales while still providing availability to the consumer. Win-win.
anonymous

Why Your Organization Should Pay Attention to Marriott's New E-Commerce Partnership | PCMA - 0 views

  • Alibaba has more than 500 million active consumers on its platform, and the new relationship gives Marriott opportunities to re
  • ach the growing number of Chinese travelers
  • enhance our service for Chinese guests when they arrive
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  • Alipay,
  • broaden our offerings of guest amenities and services appealing to Chinese travelers
  • 600,000 new Marriott Rewards loyalty members
  • world’s largest source market for outbound travel
  • more Chinese join the ranks of the middle class and choose to travel.”
  • conference attendance numbers
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    In 2017, Marriott entered into an e-commerce partnership with Alibaba...China's number 1 recognizable name in e-commerce. By installing Alipay and broadening their guest amenities, Marriott is hoping to increase the number of Chinese travelers to their hotels all over the world. Globally, China is expected to have the largest population growth and Marriott is banking on them to travel to their hotels.
Marcus Baez

Social Media impacts Australian Tourism - 1 views

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    This article shows the major impact that chinese Social Media giant (qq.com, compared to Twitter) has had on Australian tourism. chinese visitors are now the second most valuable tourists of Australia, behind New Zealander's. Experts of say that by the year 2020, tourism is expected to increase to one million chinese tourists annually. Back in 2012 chinese tourists brought in an estimated $4.2 billion into Australia. An estimated 8 million people shared pictures of Australia's Hamilton Island last year through the relatively new Instagram photo sharing application
Diane Cacho

Hotel Investment: Why Asian investors are targeting U.S. hotels for purchase and investment, and what could it mean for you? - Hotel Law Blog - 0 views

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    This Article, written by Jim Butler and Catherin Holmes; clearly explains that there has been an explosion of Asian investment, mostly Chinese towards United States Hotels. It's important that before you choose to do business with these investors to first understand what their motivations are and what exactly attracted them to U.S. hotel investments. Such as, qualifying for the EB-5 visa for immigrant investment, which helps grant the foreign investor with direct foreign investment in the U.S. and permanent U.S. residence when sufficient jobs are created. Its been proven and shown that all these Asian investors have a preference for U.S. real estate and hotel investments and with the EB-5 visa will help create enough jobs to satisfy the EB-5 requirements. Citizenship and Immigration services have doubled in the first half-year of 2011. Investing in U.S. hotels is also becoming an improving trend of profit and its fundamental. It brings in an explosion of Asian tourists; it is bring in lots of wealth for these Asian investors, its also expanding an economic growth in China.
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    This is an interesting article. As you mentioned, EB-5 visa or permanent citizenship attracts many Chinese wealthy people to the U.S. I have seen some real estate agencies whose main clients are Chinese people who are willing to invest their enormous money in the U.S. As the economy of China has significantly developed and U.S. visa barrier has been eased recently, more and more Chinese people are coming to the U.S. I think that is another reason why many Chinese people want to invest in U.S. hotels.
chunxia gao

More foreign brands use China's Taobao for e-commerce | IT News - 1 views

  • We are launching on Taobao to expand our reach to Chinese consumers given Taobao is the most trafficked e-commerce site in China,"
  • "(Taobao) allows us to reach millions of consumers in a very direct way, many of whom we could have difficulty reaching through brick-and-mortar storefronts,
  • Taobao, which started as a consumer-to-consumer platform, rose to the top of the China's online retail market after beating out e-commerce rivals like eBay in the country.
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    This article showed more foreign brands like Adidas and Gap are expanding their reach into China's market by tapping the user base of the country's largest online retailer Taobao.com for e-commerce. A majority of domestic and well-known international brands have set up their own online stores on Taobao Mall for brand expanding and sales. Presence on Taobao Mall is complementary to their own e-commerce site, which is doing well, along with their stores. Through Taobao, international brands can reach millions of customers in a very direct way and Chinese customers are increasingly turning to the internet to do their shopping. But there are challenges with opportunities. They have to fight with counterfeit goods. Counterfeit goods are low price in Chinese e-commerce market. Taobao also launched actions to penalize selling counterfeit goods. In a word, e-commerce in China is not mature, it has a long way to be improved.
ndiaz162

Marriott partners with Chinese e-commerce giant Alibaba - 1 views

  • By partnering with e-commerce giant Alibaba Group Holding, Marriott International hopes to expand its footprint in China and attract a growing and more affluent group of travelers.
  • Marriott will be able to market directly to Alibaba’s customers from the time they start planning their trip, throughout the duration of the trip, and upon their arrival back home when they want to share their experiences.
  • The platform will also provide a link between Marriott’s loyalty programs and Alibaba’s loyalty program.
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  • Marriott will be able to curate content, programming and promotions for the Chinese traveler
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    I'm now used to seeing a lot of partnerships among hospitality companies -- making it a worldwide trend. The partnership of hotel company, Marriott, and e-commerce conglomerate, Alibaba, resulted in expanding the online travel footprint of both companies. As a result, Chinese travelers find it easier to book hotel rooms across all the brands managed by Marriott. In addition, travelers are able to use Alibaba's mobile payment platform during their stays at Marriott-branded hotels. It's a win-win situation! This partnerships broadens the level of services available to consumers. It comes to show that Marriott and Alibaba have used the proper e-business strategies to succeed in our digital economy.
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    It is interesting to see how the hospitality industry is also globalizing their business in order to tap into new markets. Marriott has successfully expanded thanks to its Starwood acquisition. Its partnership with Alibaba will create a stronger presence in China. They have forecasted that their customer base will grow to 2 billion customers in the next 20 years and will tap into Alibaba's loyal customer platform. According to Marriott CEO Arne Sorenson, "What we want to do is make sure that a Chinese traveler has what they most want when they show up at our hotels". I think they will be able to achieve this with the inclusion of Alipay, Alibaba's wallet-free travel program which is commonly used. Understanding what customers' preferences and needs are will surely attract and possibly lead to more room for expansion.
Ryan Jove

Baidu to invest $1.6B in cloud-computing center - MarketWatch - 0 views

  • Baidu Inc
  • invest roughly 10 billion yuan ($1.6 billion) in a cloud computing center.
  • China's leading search engine by revenue has been pushing hard to expand its hold of the rapidly growing mobile Internet market, and cloud computing--or remote online data storage--has been a key part of that initiative.
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  • the company introduced a new mobile web browser that offers Baidu services, speedy downloads, and applications that can run directly in the browser.
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    This current events article discusses the forward motion of cloud computing.  Baidu Inc, China's leading search engine, is investing about 1.6 billion dollars into cloud computing.  This improves their hold on the young Chinese mobile internet space.  This should solidify them as the largest Chinese search engine, following Google's vacating in 2010. 
Rui Zhu

How to Start Your eCommerce Business in China | Forrester Blogs - 0 views

  • For many businesses, the growing spending power of high-income consumers and the middle class in China has become a compelling growth engine. For luxury brands, China is already a huge growth market, and many Western companies have had a brand presence in China for many years, albeit often with counterfeit products and even whole counterfeit stores. But as the economy grows in China and consumer thirst for foreign brands increases, companies will be compelled to consider an online direct-to-consumer presence due in-part to the following factors:
  • eCommerce in China is growing very quickly. Online spending in China is poised to more than double over the next four years, growing to more than $356.1 billion by 2016*.
  • Driven by both new consumers online and by increased spending by consumers already online, it is expected government reforms will make it easier for both domestic and foreign companies to sell online and for consumers to transact.
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    ECommerce business has rapidly increased in Chins and it will be a strong incresing point fro Chinese economy. The reasons that drive the development of this new economy pattern in China can be defined in three parts. First, the growing purchasing powe of high-income and mid-class in China has become the most powerful growth strive in China. They have enough money to make their lives more stylish and elegent whcih motivate them to seeking more worldwide brands. Second, some foriegn brands have been aware of this ttrend and begun to spread their business to this fantastic market. An obvious example it that China has become the largest consumer of luxury products although some of the upscale brands have not hully enterd Chinese market. Most of them are planning to grab their own segment strategically in China, which will insentive the development of ECommerce here. Last, online spending will be double increased in the following four years under a positive forecast. It is a more convenient and secure shopping style for young generations. For these reasons, sterting an ECommece business is a good choice for both local entrepreneurs and international corporations.
Long Jin

Brands grind to push online presence in China - 0 views

  • More than 500 million Internet users reside in China, according to the China Internet Network Information Center, and hoteliers around the world believe the opportunities for online distribution are abundant as that number continues to grow.
  • Online distribution in China is quite complex and different from the rest of the world.
  • Government restrictions on social media are an added hurdle for hoteliers operating in the nation,
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    The article introduced about the opportunities and challenges if the hotels want to expand their ecommerce in China. As the China Internet Network Information Center said, more than 500 million Internet users reside in China while it is still growing, hotels around the world believe that it is a big opportunities to develop their online distribution in China. However, although this is a big opportunities, there are also many challenges which can influence the effect. As the author said, the challenges are government restriction, language and translation and lack of adequate technology. As many hoteliers said, in china, it is very hard to develop its ecommerce. The key issue is the language, only the companies can find professional staff to translate the system into Chinese, the ecommerce can be used. Also, as Chinese credit limits are very low, most of the overseas travel transactions are completed offline in cash.However, hoteliers are trying to find solutions to beat challenges like hiring local marketing agencies or developing in-house marketing teams. Also working with local partners has been more used in the industry.
uhey77

COVID-19 and the global hotel industry: A roadmap to recovery, part 1 | PhocusWire - 0 views

  • the sudden COVID-19 coronavirus outbreak hit the “pause button” hard -full stop
  • The Chinese Center for Recreation and Tourism Research has estimated the total loss of Chinese tourism this year could reach three trillion RMB yuan.
  • the size of the hotel industry has also changed dramatically, with the number of Chinese hotels in 2019 being 50 times that of 2003
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  • With the Chinese hotel industry currently on indefinite hiatus and many hotel employees already on mandatory leave, hoteliers across the mainland - as well as surrounding Asian markets and even the wider global industry to a growing extent - may find themselves in a state of confusion and panic. What’s important now is to remain calm and maintain rational thinking with a focus on long-term strategies that account for multiple possible outcomes.
  • Revenue management, sales and marketing
  • Keep a close eye on your hotel’s revenue budget and forecast and make appropriate adjustments.
  • Channels, communication and confidence: Maintain channel promotions and sales during the epidemic.
  • Right customer: Focus on consumer behavior patterns.
  • Currently, hotels analyze their competition intensely. In the future, hoteliers should supplement competitive analysis with deeper study, insight and research into the needs, expectation and satisfaction of their guests.
  • Right product: After the recovery period, the market segmentation will have seen significant change, and hotel management needs to make adjustments accordingly.
  • Self-services with artificial intelligence technologies to avoid facing other people. Room control via mobile app to avoid touching in-room buttons. Room cleaning by specifically trained/screened housekeepers. External-circulation fresh air system and floor drain to prevent aerosol infection. Individual body temperature checks.
  • Right price: Focus on your competitive set and market trends to make appropriate adjustments to your pricing strategy, and keep an eye on your competitors’ reactions, such as whether they remain open or not.
  • Based on many client-success stories, the automatic data analysis-based pricing approach will meet customer needs while helping maximize hotel revenue.
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    As we prepare for the potential spread of the COVID-19 virus, there are some precautions hotel managers and staff can take to improve guest and employee health and safety. Early evidence suggests that the virus that causes COVID-19 can spread more easily than the virus that causes seasonal influenza, and it appears that the COVID-19 disease is more deadly than seasonal influenza.
ruchit0622

Chinese tourist town uses face recognition as an entry pass | New Scientist - 1 views

  • Who needs tickets when you have a face? From today, the ticketed tourist town of Wuzhen in China is using face-recognition technology to identify people staying in its hotels and to act as their entry pass through the gates of the attraction.
  • It was only a matter of time before face-recognition software was rolled out on this scale,” says Mark Nixon at the University of Southampton, UK.  It’s more convenient to use your face than tickets, he says, so it’s likely that the technology will soon be seen elsewhere.
  • The system is first being used to track the 5000 people per day staying in hotels in Wuzhen, who make up around 15 to 20 per cent of the town’s total visitors
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  • you have to present your passport and the software determines whether the person standing in front of the camera matches that identity.
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    This is one of the astonishing software I have come across. The Chinese tourist town in Wuzhen, have started using this software in many of its hotels, even at the port of entry on the airport. The software senses the face of the individual and authenticates it with the proof identification shown by the individual. The software has huge amount of data stored inside it, this makes the check in procedure easier for the hotel. The software recognizes the faces of the individual accurately, research shows that the software so far has an accuracy of 99.8%. This software is about to substitute the finger print software, which was time consuming. The software is believed to be more secure and safe than the finger printing.
Yujia Xie

Galla POS develops platform for tablet-enabled menus | mydigitalfc.com - 0 views

  • With eye on serving the hotels and restaurants, Hyderabad-based start-up Galla Pos has developed a platform for tablet-enabled menus and billing. It is now in talks with an Indian mobile handset maker as well as a few Chinese players for the hardware (tablets) for embedding its software.
  • In the first phase, Reddy said the effort will be to reach out to hotels in Hyderabad and later to other cities in Andhra Pradesh and Bangalore. There is a lot business potential. The same concept can be used for small food joints and grocery stores, he said, adding the company will look to provide platform on a monthly rent or for a one time fee.
  • “As the business model matures, the basic platform could be given free, while we will charge for analytics, predictions and other tools that will be built into this,” he said. At present, it is processing orders from a handful of hotels but is seeing more queries coming. Typically, a small hotel is taking about four to five licences-only the first licence is priced higher and the subsequent ones at a fraction, he said.
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    As this article mentioned, for convenient menus and faster billing, Galla Pos run a platform. It introduces how to use this technology and this device will bring down the cost of the handset. In addition, visuals and various menus will assist customers to order faster and better, especially for the foreigners. As a Chinese, if the restaurant provide visuals or more description of the menu, it will help me to understand the food better. This concept will apply in more hotels later and small food joints or grocery stores. I like this idea and I believe more and more industries will apply for it because it provides better quality of service to assist the job of employees and make everything new and effective.
Yongjoon Ji

Wi-Fi firm looks to hotels, universities|Business|chinadaily.com.cn - 3 views

  • The United States wireless network provider Meru Networks Inc is eyeing the Chinese market with the company expecting its revenues in the Asia-Pacific region to double in the next two to three years. The country's thriving hospitality industry and higher education institutes will be the biggest customers for Meru, which entered China two years ago.
  • the rapid-growing hospitality industry in China is likely to become another gold mine for Wi-Fi providers. The number of five-star hotels in the country hit 651 in January and there are another 500-plus luxury hotels waiting to open, data from the China Tourist Hotel Association showed. The number of top-tier hotels enjoyed a year-on-year increase of 15 percent over the past three years compared with the average increase rate of 6 percent in China's hospitality industry. The association estimated that the nation's five-star hotels could exceed 1,000 by 2015.
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    According to Meru Networks Inc, US wireless network provider, a wireless network market in the Asia Pacific region, especially Chinese, will be doubled in the next few years. The rapidly growing hospitality industry in China is part of the reason why the wireless network market has a need to grow. There are 651 five-star luxury hotels in the country as of now and 500 luxury hotels are waiting to be opened in the near future.  What we need to focus on are the customers who go to these luxury hotels. Nowadays, Wi-Fi is not just one of services that the guest enjoys. It is a part of life and a necessity. Providing high quality Wi-Fi service is a big portion of showing the quality of hotel. Therefore hotels strive to have a system that could offer the most reliable product with the lowest price. 
takesharolle

Hospitality & Tourism Investment: Forces for the Future - 0 views

  • Chinese investors have quickly become a major force to reckon with in the global hospitality industry.
  • Since 2014, Chinese buyers set their sights on corporate entities and brand/operating platforms,
marvahb

Hangzhou Liaison Interactive Information Technology Co. Invests $179 Million in Newegg Inc. | Los Angeles Business Journal - 0 views

  • A Chinese tech company announced Tuesday that it would invest more than $179 million to increase its stake in online electronics retailer Newegg Inc. to almost 94 percent from 55.7 percent, according to Bloomberg.
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    This company is an interactive info tech company and has decided to make a large investment in their online electronics retailers. The chinese company has also announced they will expand to dozens of countries in Asia, Europe, Latin America, and the Middle East.
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