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"Chinese companies may overlook the regulatory and compliance complications of investing in the country. These include an intricate tax regime and stringent rules around employment and data protection."

"China provides us with a hopeful field, not only by virtue of what we are able to achieve today, but what it promises. Not only in terms of market potential, but also in people potential for the company in the future."

"Competition is definitely fierce," said Zhao Huanyan, chief analyst at Shenzhen-based hospitality consultancy Huamei. "For platforms like Fliggy, scaling by gathering more hotel resources is a prerequisite before technology can make a difference and generate profits."

"China's continued economic growth and the expanding middle-income earners will also make the country a profitable market for South American companies," he said.

"China's not going anywhere," he said.