July 27, 2017

Xiaozhu starts biz travel service

team of asian business people with modern building background
Copyright: imtmphoto / 123RF Stock Photo

Home-sharing company Xiaozhu Inc has launched China’s first shared-house service for business travelers, driven by the increase in startups and the changing structure of the workforce.

Established in 2012, Xiaozhu is one of the first Chinese home-sharing platforms and has around 150,000 shared-house sources in 306 cities in China.

“We will provide about 80,000 homes for business trips in over 50 cities by the end of this year, starting from Shenzhen, Beijing, Shanghai, Guangzhou and Chengdu,” said the company’s CEO Chen Chi.

Rooms for business travelers, priced at 300 to 400 yuan ($44 to $58), are equipped with office supplies and an invoice is promised to be provided within 11 working days.

Another new service designed for business travelers is monthly settlement and company accounts, but the company admitted it needs the support of a stronger IT system. When asked about the reason to start such a new product, Chen said “last year, more than 15 percent of our users chose our service for business trips”.

In 2015, business travelers accounted for 36.5 percent of overall home-sharing users, while half were individual tourists, according to a report by Beijing-based internet consultancy Analysys.Chen said […]

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