Travel planning service Utrip has secured a Series A investment round to the tune $4 million from a string of Seattle and Silicon Valley supporters.
Departure Lounge, a non-traditional travel agency, is an upscale meeting place that hosts corporate happy hours, wedding receptions and memorial gatherings.
From one private equity owner to another – OAG has switched from Axio to Vitruvian in a deal in the region of USD 215 million.
Ctrip enlisted female executives including its CEO Ms. Jane Sun to help propel the company's global ambition. But Jane said she plans no huge investment like Skyscanner deal in two years.
Airbnb is projecting it will earn as much as USD 3.5 billion a year by 2020, according to sources close to the company.
House-sharing platform Locals announced that it has raised RMB 50 million in its Pre-A round in which ZhenFund was the lead investor.
ChinaTravelNews has learned that Beijing is finalizing legislation this year to license homestay businesses in the capital.
Sweden-based investment company Vostok New Ventures has upped its stake in OneTwoTrip via the purchase of shares from an existing shareholder.
ChinaTravelNews is a wholly owned subsidiary of
©2017 TravelDaily Inc. Web Analytics supported by