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China’s flag carriers chalk up lower-than-expected revenue increase

Fuel price, as an important factor affecting the profitability of airlines, sees different market forecasts and should draw a cautious attitude from airlines.

03/30/2018|3:58:36 PM|ChinaTravelNews

Smart transport provider Tech Valley secures tens of millions of yuan

The company is expecting revenues in excess of RMB 60 million in 2018 and RMB 100 million in 2019.

03/29/2018|1:35:00 PM|ChinaTravelNews

B&B brand Sweetome begins independent operation backed by Poly Capital

Customized B&B brand Sweetome Group has announced its core strategy of “sharing accommodation” and the completion of a new round of financing backed by real estate conglomerate Poly Capital.

03/29/2018|8:41:42 AM|ChinaTravelNews

ChinaTravelNews Briefing: Ctrip ends cruise venture, China merges culture-travel offices

Ctrip, Royal Caribbean Cruises announced to end their joint venture; China planned to merge culture and tourism authorities; Tujia hoped to work with Airbnb; and B&B and e-guide startups raised capital.

03/24/2018|9:55:47 AM|ChinaTravelNews

Smart tour guide operator Lvji brings in 120 million yuan in B round

Smart tour guide operator Lvji has received 120 million yuan in financing, which will be used to integrate resources.

03/21/2018|9:01:07 AM|ChinaTravelNews

Chinese star-rated hotels generate 57.77 billion yuan in Q4, AOR at 57.71%

Some 9,775 star-rated hotels in China reported totaled operating incomes of 57.77 billion yuan in Q4 2017, of which 25.251 billion yuan, or 43.71%, was room revenues.

03/20/2018|6:37:32 PM|ChinaTravelNews

Boutique B&B brand Short Stay Technology raises multi-million-dollar financing

Short Stay Technology, founded by Qyer former COO, has recently secured millions of dollars in funding. It will further develop housing source to expand in major tourist cities in Japan.

03/20/2018|9:18:47 AM|ChinaTravelNews

Ctrip starts to deliver combined impact of group companies

The online travel group has singled out the performance of its international businesses, along with the contribution from registered users and the growth in lower-tier cities in China.

03/19/2018|7:39:04 PM|ChinaTravelNews
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