Global hotel wholesaler 188bet app received 50 million yuan in financing

Big accommodation Author of this article: 188bet app 2018-04-09
Recently,Global hotel wholesaler 188bet app received Shenzhen Venture Capital、Guolong Capital’s 50 million yuan joint investment。

Recently,Global hotel wholesaler 188bet app received Shenzhen Venture Capital、Guolong Capital’s 50 million yuan joint investment。Represented by 188bet app,This financing will be mainly invested in the continued research and development of the trading system、Direct procurement of hotel resources、Overseas sales expansion and domestic offline channel expansion。

188bet app was established in 2012,Is a technology-driven company,A company engaged in global hotel room wholesale business。Its core business is to utilize self-developed hotel room distribution system,Connect the inventory data of major upstream hotel wholesalers and hotel groups,Downstream connection to global travel agencies、Online Travel Enterprise (OTA)、Airline and other systems,Achieved the interconnection and interoperability of real-time data of global hotel inventory and various online and offline customer acquisition channels,Helping global hotel resources achieve multi-channel distribution。From the beginning to the present,188bet app has always focused on the hotel B2B market。

2016,188bet app’s total transaction revenue is 700 million yuan,And 2017,It exceeded 1.5 billion yuan in just one year,Become the leading global hotel wholesaler in China。 Rely on the system’s efficient data processing and revenue management capabilities,In 2017, 188bet app achieved large-scale profits worth tens of millions,And the number of customers and transaction volume continue to grow rapidly。Year-on-year analysis based on first quarter 2018 data,The annual transaction volume in 2018 will exceed 3 billion yuan。

Can be recognized by Shenzhen Venture Capital and Guolong Capital,Inseparable from the strength of 188bet app。In terms of hard power,188bet app’s system is currently connected to 700,000 hotels,Covering nearly 10,000 cities in 211 countries on 6 continents around the world,And quickly compare prices with 310 global hotel suppliers,Ensure the lowest hotel rates available,It can also display real-time hotel prices and order information within 1 second。In terms of soft power,188bet app and Ctrip、China Youth Hostel、Tempower International、China Eastern Airlines and other domestic 1.30,000 online travel companies (OTA)、Airline、Travel agencies and others form stable cooperative relationships。On the other hand,After active expansion in 2017,188bet app has also signed contracts with more than 100 medium and large overseas tourism companies,Customers are now all over the world,One of the very few domestic tourism companies that can sell global hotel room inventory to the world,Also in domestic tourism companies,A team with strong international capabilities。

The core team of 188bet app mainly comes from Tencent、Expedia、Alibaba、Huawei and other world-renowned technology companies。Core R&D personnel generally have more than 8 years of experience in international hotel distribution system development。This is also the core reason why it is favored by first-class tourism companies at home and abroad。

Globalization of Chinese enterprises is a trend,188bet app is no exception,Past years,188bet app has achieved the goal of “introducing global hotel resources into China”,Cooperating with hotel wholesalers around the world,Sell their products to China,has developed rapidly。Next,188bet app will work hard on the globalization strategy of "omnidirectional connection of global hotels",Realizing global hotel sales。188bet app revealed,The 2018 plan is based on the big data accumulated by 188bet app,Priority is given to hotels in popular outbound destinations for direct signing cooperation,Achieve the implementation of one of the globalization strategies。

Overseas direct visa,What kind of value can it have?Represented by 188bet app,Whether it is an international wholesaler,Still a local wholesaler,They all control different hotel resources,Inventory quantity obtained、The prices are also different。188bet app directly signs with the hotel,Can help domestic and foreign customers get more inventory、Better price,Thus giving 188bet app a better hotel data advantage。In the past six months,Daolu has directly signed more than 5,000 hotels around the world。And this financing funds,Will further accelerate the pace of expansion of this part of resources。

For the development of 188bet app,Investors have great expectations。Shen Venture Capital said,Global hotels are a trillion-dollar transaction market,Traditional business formats are relatively scattered,Technical capabilities are relatively backward。Daolu has established an efficient global hotel B2B transaction system and has been verified by a large number of customers for actual use。With the help of technology,It will be more efficient in the future to expand customers and access hotel resources,Diminishing marginal cost,The transaction size will also increase exponentially。188bet app is already in a leading position in this segment,The potential for its subsequent development is very worth looking forward to。

Think based on 7.Hotelbeds Group developed with a European population of 400 million,Global transaction volume exceeds 10 billion US dollars。188bet app was developed based on China’s population of 1.4 billion,Just raised 50 million yuan,Its development has just begun。

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