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

Hetras

Hetras is a hotel booking technology subsidiary of Shiji. Here is an installation of its software at Village Hotels, a UK hotel chain comprising 28 properties. Hetras

Skift Take: 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.

— Sean O’Neill

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Source: FS – All – Travel destinations – News
What’s Behind Alibaba’s 6 Million Investment in Hotel Tech Giant Shiji