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Five-star hotels have the highest occupancy rate in Q3 2016

In Q3 of 2016, there are altogether 10,488 hotels were audited provincial tourism administrations. Five-star hotels in 16 provinces had higher average occupancy rate than the national average of 62.24%.

01/10/2017|2:36:56 PM|ChinaTravelNews

WeChat innovates Mini Program, hints at travel services

WeChat launched in-app service Mini Program (or XiaoChengXu in Chinese) on January 9. The “instant and disposable” service is deemed more suitable for travel companies as their business is more offline oriented and they are visited in app at lower frequencies.

01/09/2017|10:06:26 PM|ChinaTravelNews

Ctrip will attain trillion-yuan GMV two years sooner – CEO Jane Sun

Ctrip CEO Ms. Jane Sun said that the company will achieve its goal of reaching one-trillion-yuan GMV by 2018, instead of 2020 as previously anticipated.

01/09/2017|6:37:42 PM|ChinaTravelNews

Tempus Global to buy 52% holding of Jettour for RMB 52 million

Tempus Global will acquire 52% holdings of outbound tour operator Jettour for RMB 32 million in cash and RMB 20 million in capital injection.

01/06/2017|11:41:59 PM|ChinaTravelNews

Travel agencies organize 23.1% more overseas visits in Q3 2016

China’s travel agencies organized 17.02 million outbound trips in the third quarter of 2016, up by 23.1% YoY, according to CNTA data.

01/09/2017|9:26:19 AM|ChinaTravelNews

Island tour specialist Qulv raises USD 40 million in B round

Island vacation platform Qulv announced on January 5 that it has received USD 40 million in its series B round funding.

01/06/2017|9:26:21 AM|ChinaTravelNews

Joyu Group applies for a New Third Board delisting

Lvmama parent company Joyu Group announced on January 3 that it has applied to be delisted from the New Third Board after one year of listing.

01/05/2017|10:15:41 AM|ChinaTravelNews

Flight-sharing platform Apin.com secures RMB 120 million

Hangzhou-based flight-sharing platform Apin.com announced on January 3rd it has secured RMB 120 million in its series B funding round.

01/04/2017|6:14:36 PM|ChinaTravelNews
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