Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, March 13 2018 - 21:55
AsiaNet and agoda Announce Global Strategic Partnership to Improve Homestay Experience
BEIJING, March 13, 2018 /PRNewswire-AsiaNet/--

China's leading and fastest growing house-sharing platform has 
announced a global strategic partnership with global online booking platform 
agoda, a member of Booking Holdings. The companies will collaborate in areas 
including listings, technology and service innovation, branding and marketing, 
thus leveraging their expertise in different markets, to innovate homestay and 
homeshare experiences for worldwide consumers. The initial phase of the 
cooperative partnership will see both parties share inventory, resulting in 
100,000 listings on each platform.  
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agoda is one of the fastest growing online travel platforms offering a choice 
of 1.8 million properties to its guests around the world. Since entering China 
in 2015, agoda has become one of the primary choices of accommodation booking 
for Chinese tourists traveling overseas, and foreign tourists visiting China. 

Spencer Low, Managing Director, Greater China explains: "This partnership will 
offer alternatives to traditional hotels in China, and will benefit travelers 
who are looking for more distinctive options for their accommodation needs. 
Together Xiaozhu and agoda will provide easy access to listings that offer 
different benefits. One is the flexibility of staying together at a larger 
property when traveling as a group of friends or family, while another is more 
options for business travelers who crave the comforts of home. Additionally, 
these listings include a range of price points to cater for a variety of 
budgets. We are confident that the combination of Xiaozhu's rich knowledge of 
the China market and agoda's global OTA expertise will enhance consumers' 
experience of homestays."

Chen Chi, co-founder and CEO of Xiaozhu, also commented this joining of forces 
as a win-win cooperation. agoda's worldwide success, especially its experience 
in Asian countries, will enhance Xiaozhu's globalization momentum. "As Chinese 
outbound and inbound tourism is growing rapidly, homestay platforms must be 
able to provide high-quality services to global consumers. To this end, Xiaozhu 
is accelerating cooperation with our industry partners", Chen explains. 

Since launching its overseas business in 2017, Xiaozhu now covers listings in 
over 100 overseas cities, with a particularly strong upward trend in booming 
homestay markets like Japan and Thailand. In the "2017-2018 China Sharing 
Economy Survey Report" released by Nanfang Daily, Nanfang+ APP and iMedia 
Research in February, Xiaozhu was ranked first in the competitiveness chart of 
house sharing industry.