First domestic customer-bidding hotel platform headquarters in Haikou

The headquarters of the first domestic customer online bidding platform for hotel rooms settled in Haikou, capital of Hainan province, on Aug 5.

According to a leader of Hainan Pricelvsu Technology Co, Ltd, the company applies an innovative reverse booking mode. Guests offer a price, and hotels on the platform compete for business against their peers based on their pricing and ratings. The more customer-friendly way offers much convenience and meets people's demands to the greatest extent.

The company representative said that the main reason for the company's headquartering in Haikou is that the city has bright development prospects in entrepreneurship. Relying on the opportunity created by Hainan's gradual construction of a free trade port with Chinese characteristics, Hainan Pricelvsu Technology will integrate advanced technology with actual requirements of the hotel industry. It aims to become a tourism e-commerce brand enterprise with Chinese characteristics via innovation in mode, technologies and management.

The online platform started service in May 2012 and was listed on the Shanghai Equity Exchange in October 2014. It already includes most hotels in Hainan province and plans to attract 500,000 more in 300 tourist cities over the next three years.