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Europe gears up to capitalize on prowess of China as a source market

The European Union is preparing activities for the forthcoming EU-China Tourism Year. The decision to christen Europe as the first partner destination for the ITB China event is such initiative.

02/22/2017|10:35:49 AM|ChinaTravelNews

House rental platform Locals closes 50-million-yuan Pre-A round

House-sharing platform Locals announced that it has raised RMB 50 million in its Pre-A round in which ZhenFund was the lead investor.

02/16/2017|2:06:31 PM|ChinaTravelNews

Tailored-trip startup UniqueWay receives RMB 50 million

Operator of tailored overseas tours UniqueWay has raised RMB 50 million in its series B round from China National Petroleum Corporation (CNPC)’s investment fund.

02/16/2017|7:08:16 PM|ChinaTravelNews

Beijing to implement home-share licensing in 2017

ChinaTravelNews has learned that Beijing is finalizing legislation this year to license homestay businesses in the capital.

02/16/2017|12:47:54 PM|ChinaTravelNews

Meituan-Dianping launches overseas lodging service

Chinese group-deal platform Meituan-Dianping announced that the company has rolled out overseas accommodation service on its two major apps, offering over 120,000 overseas properties for booking, of which 25% are high-rated hotels.

02/15/2017|9:14:24 AM|ChinaTravelNews

Hostel brand ShiLiLi raises RMB 100 million

Honeymoon accommodation and hostel brand ShiLiLi announced in a Shenzhen press conference today that the company received RMB 100 million last November.

02/14/2017|9:18:45 AM|ChinaTravelNews

7 pillars of Shiji’s business transformation

Shiji envisions being a part of consumers’ lives when they “eat, sleep, shop and play”. This forms the basis of group’s latest transformation - being a platform service provider with strong data and analytical capabilities encompassing various sectors.

02/16/2017|5:14:10 PM|ChinaTravelNews

Journey Education raises millions of yuan

Education tour provider Journey Education has secured millions of yuan in its B round. The company is also applying for a New Third Board listing.

02/10/2017|11:50:10 AM|ChinaTravelNews
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