Chinese online tourism website Ctrip.com has reportedly acquired Sozhen.com, a website focusing on ancient Chinese town travel.
According to reports in local media, the terms of the deal have not been disclosed. Employees of Sozhen.com are quoted as saying the website will show some difference in the future, but it will not sell hotel rooms like Ctrip.com. Instead, it will still focus on the lower priced sales of rooms in village inns.
For Ctrip.com, the acquisition will add a low-end hotel business to Ctrip.com’s product line to meet the various needs from Ctrip members. On the other hand, Sozhen.com has a great number of loyal users, and also maintains good partnerships with ancient Chinese towns’ tourist attractions.
Sozhen.com was established in August 2005 and was one of the first and one of the most authoritative ancient town websites in China. In 2007 Sozhen.com started its inn reservation business aiming to be the first inn brand with chains in ancient towns.
Russia and China were barely mentioned, but they were the threats in everyone’s minds in…
KANDAHAR, Afghanistan: An overnight exchange of fire at one of the main Pakistan-Afghanistan border crossings…
New Delhi: Mass cancellations of IndiGo flights across several cities in India have left thousands…
Michigan neurosurgeon shares why ‘Japanese people live longer’: And it’s more than just diet ByAkanksha…
Baba Vanga 2026 Prediction: Another prediction by the world's most famous seer, Baba Vanga, is…
It should have been a night for Crystal Palace supporters to savour. About 1,500 officially…