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Alitrip aims to displace Ctrip in 18 months
01/06/2016
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10:52:34 PM
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A growing rivalry between Alitrip and Ctrip is expected to escalate as Alitrip aims to oust the top OTA in 18 months.
Homeinns returns to China stock market while Huazhu Hotels puts off privatization
12/17/2015
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6:53:10 PM
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CEO David Sun said that Homeinns is returning to the Chinese stock market because Chinese investors understand the hotel group better that US investors.
Takeout service Eleme’s CEO confirms delivery partnership with Didi-Kuaidi
11/13/2015
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5:49:43 PM
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A Didi-Kuaidi source has revealed that the taxi app giant has completed an investment in O2O takeout service Eleme and will jointly develop takeout delivery.
Lufthansa takes GDS booking tumble with new surcharge, rival carriers benefit
09/25/2015
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3:30:09 PM
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German carrier Lufthansa is beginning to see the impact of its decision to impose a levy on all bookings made through Global Distribution Systems.
Korean online booking site for Chinese Zaiseoul raises US$3 million
09/21/2015
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6:48:54 AM
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Zaiseoul, a Korean tourism service for Chinese visitors, announced it received US$3 million from Korea-based NICE Group in a Series A financing round.
Plateno in top 10 of authoritative HOTELS’s global ranking
09/16/2015
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10:56:20 PM
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Intercontinental Hotels and Resorts has been unseated by Hilton Worldwide Hotels after a few years in the top rank.
With remarkable timing, Lufthansa talks up its merchandising strategy
06/11/2015
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4:21:54 PM
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Last week, as Lufthansa announced a change in commercial direction from its German HQ, half the way around the globe an exec talked of the airline’s first steps in ancillary revenue.
Cirque du Soleil sells majority stake to private equity
04/22/2015
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3:27:28 PM
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Cirque Du Soleil founder Guy Laliberte told has signed a deal to sell a majority stake to TPG for an undisclosed price. He will maintain a 10 percent stake.
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