Aug. 5 at 9:53 PM
$GHG Boring stock for now and time to get some news out and get things rolling. Along with the upcoming merger I'm curious to see how JD's entry into the hotel and travel sector will unfold, and when we see the eventually partnership with GHG. At present, GHG or their franchise owners pays around ~15–20% in fees to online travel agencies like Trip.com and Expedia. This is the going rate for mid-range hotels in China. JD is offering a compelling proposition to break into the market: three years with zero commission fees. This completely screws many major players but benefits GHG. If GHG were to actively participate in JD’s membership programs, embrace bundled marketing, or integrate into JD’s supply-chain ecosystem, it could unlock broader distribution and achieve significant cost savings. JD is also doing a ton in the food delivery business and now waiving fees, which also opens up another road for them since their chains offer both takeout/delivery options.
