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Trump Administration Orders Shiji to Sell Hotel Tech Firm StayNTouch

Kevin King, chief operating officer of Shiji Group (left) spoke to Skift Senior Travel Tech Editor Sean O’Neill at Skift Tech Forum June 2019 in San Francisco. The Trump Administration on Friday demanded that Beijing-based Shiji unwind its acquisition of StayNTouch, the hotel property management system. Skift Skift Take: This is a highly unusual action. […]

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Digital hotel tech hotel tech stack hotel technology kalibri labs mergers and acquisitions property management system Shiji Startups travel

Shiji’s Hotel Tech Acquisition Spree: A Closer Look

Kevin King, chief commercial officer of Shiji Group, left, speaks at Skift Tech Forum. Skift Skift Take: Since 2016, Shiji has spent $141 million on acquisitions and investments across 10 tech companies outside of China, according to our review of its financial filings. Yet we still don’t grasp the overseas strategy of the hospitality tech […]