Articles tagged “Shiji”

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Executive Q&A: How Food and Beverage Technology is Evolving in the Enterprise Hospitality Space

Executive Q&A: How Food and Beverage Technology is Evolving in the Enterprise Hospitality Space

Shiji Group + Skift

Enterprise hotel and restaurant companies are facing many challenges right now due to the Covid-19 pandemic. But one upside is that it’s accelerating the usage of new technologies that make it easier to provide a more seamless consumer experience powered by data. Fortunately, these new tech tools are likely here to stay.

4 weeks ago

The Peninsula Dumps Oracle to Use Shiji’s New Tech Platform for Hotel Groups

The Peninsula Dumps Oracle to Use Shiji’s New Tech Platform for Hotel Groups

Sean O'Neill, Skift

It seemed like Shiji's recent acquisition spree would lead to it compete one day directly with Oracle, Amadeus, Sabre, and others. That day has come.

1 month ago

Group That Operates TWA Hotel Buys Chinese Tech Firm After President Trump’s National Security Order

Group That Operates TWA Hotel Buys Chinese Tech Firm After President Trump’s National Security Order

Sean O'Neill, Skift

This investment gives hotel tech firm StayNTouch a chance to regain its footing. It comes after six months of uncertainty due to the Trump Administration's forced sale.

2 months ago

Trump Administration Orders Shiji to Sell Hotel Tech Firm StayNTouch

Trump Administration Orders Shiji to Sell Hotel Tech Firm StayNTouch

Sean O'Neill, Skift

This is a highly unusual action. It's unclear why the U.S. government would believe a company would compromise the sensitive personal data of U.S. citizens just because it's based in China.

8 months ago

Smaller Tour Operators and Hotels Get New Tools to Drive Direct Bookings

Smaller Tour Operators and Hotels Get New Tools to Drive Direct Bookings

Sean O'Neill, Skift

Direct bookings have been harder for smaller hotels and mom-and-pop tour operators to get than for the big guys. Still, tech providers, such as Sojern, Xola, and Destinia, aim to democratize online marketing tools.

8 months ago

Shiji’s Hotel Tech Acquisition Spree: A Closer Look

Shiji’s Hotel Tech Acquisition Spree: A Closer Look

Sean O'Neill, Skift

Since 2016, Shiji has spent $141 million on acquisitions and investments across 10 tech companies outside of China, according to our review of its financial filings. Yet we still don't grasp the overseas strategy of the hospitality tech group.

1 year ago

Skift Tech Forum: Shiji Helps Hotels Crack China Market With À La Carte Approach

Skift Tech Forum: Shiji Helps Hotels Crack China Market With À La Carte Approach

Sean O'Neill, Skift

Shiji is one of the world's most fascinating hospitality tech companies. In this interview Kevin King, its chief operating officer, explains the company's distinctive approach to the market.

1 year ago

Alibaba-Backed Shiji Acquires IcePortal in a Bid to Manage Digital Hotel Content

Alibaba-Backed Shiji Acquires IcePortal in a Bid to Manage Digital Hotel Content

Sean O'Neill, Skift

Shiji, the tech conglomerate with an investment from Alibaba, continues to snap up companies in a bid for hotel tech supremacy. It has nabbed IcePortal in the wake of that company's arch-rival Leonardo being snatched up last November by tech conglomerate Jonas.

2 years ago

How Alibaba-Backed Shiji Is Expanding Its Tech Sales to Hotels Outside of China

How Alibaba-Backed Shiji Is Expanding Its Tech Sales to Hotels Outside of China

Sean O'Neill, Skift

Beijing-based Shiji serves more than 47,000 hotels outside of China. This is the first time it has spoken candidly with independent English-language media about its acquisition strategy. This year its subsidiaries have won deals with MGM Resorts, Radisson, and other major brands. Reading between the lines, it has big plans in the works.

2 years ago

What’s Behind Alibaba’s $486 Million Investment in Hotel Tech Giant Shiji

What’s Behind Alibaba’s $486 Million Investment in Hotel Tech Giant Shiji

Sean O'Neill, Skift

Shiji is a Beijing-based company that provides hotels and restaurants with operational software and hardware. It was already on an overseas acquisition spree before this new funding. Global leader Oracle Hospitality should be on guard.

3 years ago

ReviewPro Acquired by China’s Shiji at $35 Million Valuation

ReviewPro Acquired by China’s Shiji at $35 Million Valuation

Sean O'Neill, Skift

This is a decent exit for the investors in ReviewPro and a wake-up call to a Western hotel industry ignoring China's tech scene. But it is also a validation of ReviewPro's particular approach of giving hotels actionable analytics on guests for sales and marketing, and revenue management -- and not just monitoring TripAdvisor ratings.

4 years ago