China’s Hotel Management Company Lvyue Travel Raised Hundreds of Millions Dollar Invested by Tencent, Sequoia China, Baidu, and Goldman Sachs

China’s hotel management company Lvyue Travel raised hundreds of millions dollar in a series A round and A+ round funding by Tencent, Sequoia China, Baidu, and Goldman Sachs.

Lvyue Travel’s main business is hotel management, it has six hotel brands, including Floral Hotel, a global boutique hotel brands in tourist attractions, Vyluk, a middle class hotel, Urba, a middle class business hotle, SA Hotle, a economy express In, and Beu, an Indian chain business hotel brand. What’s more, Lvyue Travel also provides third party hotels with technology service with its self-developed XPMS management platform.