Alitrip.com, BTG Hotels (Group) Co., Ltd. and Beijing Shiji IT Co., Ltd. have jointly formed JV named after Zhejiang Future Hotel Network Technology, inaugurated in Hangzhou on August 10, 2016. Involved parties declared foundation of the JV at the end of March with a total investment of CNY 50 million, 49%, 30% and 21% held. Alitrip.com handled 85% hotel service based on the JV, covering more than 70,000 hotels.

The JV will carry out future development strategy of Alitrip.com, planning to rebuild over 1,000 hotels within two years.