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Ctrip records 20 million room nights in July with lower-tier city strategy

Thanks to its successful strategy in lower-tier Chinese cities, Ctrip has achieved a record high of 20 million room nights of bookings in July.

08/11/2017|10:13:33 AM|ChinaTravelNews

Meituan Travel grosses 18 million room nights of hotel bookings in July

Meituan Travel registered more than 18 million room nights of hotel bookings in a single month in July, an increase of 50% year on year.

08/11/2017|8:06:20 PM|ChinaTravelNews

Shanghai Disneyland receives over 13 million visitors

The Walt Disney Company reported an increase of 12% in its parks and resorts revenue for the third fiscal quarter, to $4.9 billion, and Shanghai Disneyland has received more than 13 million visitors.

08/11/2017|2:29:04 PM|ChinaTravelNews

HNA Group closes acquisition of an 82.5% stake in Hahn Airport

HNA has completed the transaction of acquiring 82.5% control of German Hahn Airport for €15.1 million on 9th August, after the deal was confirmed in March.

08/11/2017|11:54:16 AM|ChinaTravelNews

Tongcheng and eLong said to have entered into a new round of strategic cooperation

China Travel News has learned that Tongcheng and eLong have entered into a new round of strategic cooperation.

08/11/2017|11:50:16 AM|ChinaTravelNews

MICE platform Eventown closes B round financing

Eventown aims to be a Ctrip for the B2B corporate travel sector.

08/09/2017|11:18:57 PM|ChinaTravelNews

Wanda Group restructured into three entities in transformation as a service provider

After selling its assets to Sunac China and R&F Properties, Wanda has started internal restructuring, forming new companies in tourism, media and sports to develop clearer business lines with Wanda Cultural Group.

08/09/2017|11:19:37 PM|ChinaTravelNews

South Korean businesses suffer major decline from China arrivals downturn

Reduced visitor arrivals from China drove down profit of Lotte Department Store and Lotte Mart by 49% and sales volume by 4.3%; while demand for Lotte milk powder and candies also shrank drastically in ongoing THAAD fallout .

08/07/2017|11:20:24 PM|ChinaTravelNews
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