Home> China

Major Chinese airlines report drop in profits due to currency depreciation and rising costs

China Eastern Airlines reported a 38% drop in net profit for in the third quarter. Hainan Airlines saw a 90% year-on-year tumble in operating profit to $33.5 million.

10/31/2018|3:43:52 PM|ChinaTravelNews

Meituan Dianping restructures and removes hotel & travel businesses

Meituan’s in-store business, hotels, domestic vacation services and Zhenguo Homes have been integrated into a new in-store business unit. The transportation business is transferred to the LBS platform.

10/31/2018|3:19:28 PM|ChinaTravelNews

OpenJaw reveals new customers, platforms, initiatives for China

In addition to the OpenJaw t-Data Platform and OpenJaw t-Social Platform available for Chinese airlines, the firm also has licensed OpenSearch Fare Shopping Engine from TravelSky.

10/30/2018|6:24:19 PM|OpenJaw Technologies

Sunlight Tourism secures RMB 90 million in Series A round

Sunlight Tourism has launched six projects across the country, including Sun Valley, Sun Coast, Sun Forest, Sunlight Farm, Sunshine Valley and Sun Lake.

10/30/2018|9:42:46 AM|ChinaTravelNews

Didi reported to be making initial exploration of hotel operations

Sources said Didi’s intention to enter the hotel sector is certain, but is still in preliminary exploration.

10/29/2018|1:08:55 PM|ChinaTravelNews

Online giant JD.com backs hotel business with its retailing strength

Jingdong Travel will support hotel operators and suppliers with immersive experience, membership benefits, connection platform and all-inclusive marketing services.

10/27/2018|5:57:16 PM|ChinaTravelNews

Scandinavian Airlines, Datalex partner on digital retailing transformation

Datalex will support the dynamic shopping, pricing and promotion of offers based on data collection and intelligence to deliver a personalised retail experience to around 30 million SAS customers.

10/26/2018|10:08:26 AM|Datalex

Tencent said to lead Mafengwo’s new funding round in the midst of scandal

Mafengwo is reported to be closing its latest round of financing led by Tencent, and the company is to reach a post-money valuation of $2 billion, according to 36Kr.

10/25/2018|3:27:26 PM|ChinaTravelNews
311 312 313 314 315 316 317 318 319 320
READ MORE

MOST POPULAR

1

Trip.com Group’s Trip.Biz acquires European TMC Key Travel

2

How Xiaohongshu is driving new growth in the cultural and tourism industry?

3

Chinese tourists cut spending in Japan, hurting luxury sales

4

Why Beijing’s hotel profits plunged 92.9%?

5

China’s first crowdfunded airport emerges as summer’s standout performer

©2025 广州力矩资讯科技有限公司 粤ICP备06070077号
Tell us more about yourself!