D. Teddy Zhang is the President and CEO of HUBS1. Zhang launched HUBS1 in 2005, introducing the next-generation global distribution system for the hotel market in China. The firm's web-based platform enables hotels to manage their booking process in real time. Hotels use the platform to adjust room rates, room types, availabilities and allotments, changes that are instantly reflected across all online and offline distribution channels.
Prior to founding HUBS1, Zhang was special assistant to the chairman and CEO of Thayer Lodging Group, a leading private-equity firm specializing in lodging investment. Zhang oversaw strategic planning and corporate finance at Thayer. Earlier, he held various executive positions for major international hotel chains including Accor, Marriott, and Hilton, both in China and the U.S.
Teddy Zhang graduated from the Cornell University School of Hotel Administration and holds an M.B.A. from The Wharton School at the University of Pennsylvania.
The revenue model is ... Actually we collect the revenue from both sides, from the supplier and from demand side as well. For example, like Orbitz... 'cause you can't go into China Orbitz like you know, because the hotels are not consolidated. So basically it means you're going to have several tho...(Full transcript available to logged in subscribers.).
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