Alibaba, Mar­riott in JV for Chi­nese tourists

China Daily (Canada) - - NEWS CAPSULE -

Alibaba Group Hold­ing Ltd, China’s e- com­merce be­he­moth, and Mar­riott In­ter­na­tional, the world’s largest ho­tel com­pany, an­nounced a new joint ven­ture to stream­line and up­grade the travel ex­pe­ri­ence for hun­dreds of mil­lions of Chi­nese tourists.

The new ven­ture will de­liver VIP travel pack­ages, ex­clu­sive ben­e­fits to each com­pany’s mem­ber­ship clubs, as well as per­son­al­ized trip-plan­ning ser­vices, the com­pa­nies said at a joint news con­fer­ence in Shang­hai.

Un­der the agree­ment, Mar­riott prop­er­ties in des­ti­na­tions that are pop­u­lar among Chi­nese will ac­cept Ali­pay, the pay­ment tool owned by Alibaba af­fil­i­ate Ant Fi­nan­cial Ser­vices Group.

Con­sumers will be able to plan, book, pay for and man­age a trip, as well as shop and eat, all by us­ing the digital plat­forms of Alibaba and Mar­riott.

With more than 6,100 prop­er­ties world­wide, Mar­riott is plan­ning to dou­ble its pres­ence in China by the end of this year. (Photo 2)

PRO­VIDED TO CHINA DAILY

Trucks run along the Karako­ram High­way near Tashkur­gan, North­west China’s Xin­jiang Uygur au­ton­o­mous re­gion. The high­way stretches over 745 miles through the Karako­ram Moun­tain range, con­nect­ing Pak­istan and Kash­gar in Xin­jiang.

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