The annual passenger throughput of both Jinan Yaoqiang International Airport and Lanzhou Zhongchuan International Airport has breached the 10 million mark.
Shanghai-based Ubike announced on December 13 it has raised RMB 100 million from BlackholeCap in its series A+ funding round.
ShenZhen DidaTravel Technology signed a strategic agreement with China Comfort Travel on their Supply Chain Ecosummit.
Caissa Tourist plans to make an investment in outbound tour platform HuanTaoYou and expedite consolidation of overseas resources by leveraging the latter’s supply-sales connection.
The collective income of China’s top 20 tourism groups this year is 40% higher than last year. The rapid growth is said to be a result of capital-driven mergers and online-offline consolidations.
State-owned Jin Jiang plans to build WeHotel loyalty to tap the vast collective customer bases of all subsidiary brands including Jin Jiang, Louvre Hotels, Plateno and Vienna Hotels.
Accommodation booking startup Xbed is raising RMB 50 million in its on-going Pre-A round that has Gobi Partners and QF Capital as lead investors.
China Eastern Airlines is planning to transfer its stake in wholly-owned subsidiary China Eastern Airlines Logistics Co., Ltd. to another subsidiary of its parent holding company.
