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Softbank China leads business travel platform's $14.52 million funding

It has concluded negotiations with partners and potential clients in Japan, and anticipates a large-scale expansion in the market next year.

12/26/2018|4:54:34 PM|ChinaTravelNews

China's outbound travel beats forecast, Alibaba debuts Flyzoo Hotel, and more

Chinese tourists have made 162 million outbound trips before this year ends, Alibaba launched its first “future hotel” Flyzoo, and Ctrip tapped into social networking with a new feature.

12/24/2018|9:40:50 AM|ChinaTravelNews

Affordable luxury brand Hotel MoMc bags another funding following 60-million yuan injection

Hotel MoMc is optimistic of the budding markets in the second-, third- and fourth-tier cities and aims to integrate local characteristics to create personalized stays.

12/21/2018|8:57:19 AM|ChinaTravelNews

Qunar.com sets up RMB 30 million Desert Fund to groom internal startups

Many entrepreneurs are leaving innovation hub Beijing Zhongguancun to join leading enterprises to start their business as an internal division.

12/20/2018|11:55:45 AM|ChinaTravelNews

Ctrip launches new social networking feature LvPai

The large volume of travel content generated by other users makes it easier to schedule our own travel itineraries, said Yuanhao Chen, general manager of product department of Ctrip.

12/18/2018|9:44:57 AM|ChinaTravelNews

China Southern sells 5.01% stake in TravelSky to China Mobile

After selling its 5.01% stake in TravelSky to China Mobile, Southern Holding will have its stake in TravelSky reduced to 9.18% and cease to be a substantial shareholder of the company.

12/17/2018|5:22:57 PM|ChinaTravelNews

Airbnb China reports triple growth rate in the second half of 2018

Airbnb projects that Chinese travelers will travel to 618 cities in 88 countries and regions during the Spring Festival of 2019.

12/17/2018|9:29:08 AM|ChinaTravelNews

China’s Top 20 Tourism Groups report GMV exceeding 1.5 trillion yuan again

China’s biggest tourism companies have been reporting annual turnover exceeding 10 billion yuan and GMV of trillions of yuan since 2016.

12/14/2018|9:59:54 AM|ChinaTravelNews
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