Xiezhu Raises $37 Million for Smart Hotel Tech: Travel Startup Funding This Week

Photo Credit: A photo of Haibin Chen, co-founder and CEO of Xiezhu, when speaking in September 2019 at a conference sponsored by the Century Forum at Hangzhou Taixu Lake Hotel. Xiezhu
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This week, travel startups announced more than $100 million in funding. One company to call out is Xiezhu. It provides software and hardware to about 8,000 hotels in China. We expect broad growth in the "smart hotels" trend, which involves devices such as electronic door locks for guest rooms that can be opened by voice or facial recognition.
