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HNA subsidiary E-Life Financial to close 4-billion-yuan B round

HNA Group’s financial arm is about to complete its series B round funding and raise more than RMB 4 billion in the round. This will put its value at around RMB 8 billion.

09/19/2016|10:02:31 AM|ChinaTravelNews

Travel industry posts huge gains in top 100 Chinese brands valuation

Study shows Air China ranks 19 in brand value, a YoY increase of 26%; Home Inn 74,a YoY increase of 3% and Ctrip 44, a YoY increase of 40%.

09/18/2016|10:36:12 AM|ChinaTravelNews

Tongyou.la raises millions of yuan in series Pre-A round

Family vacation provider Tongyou.la has received millions of yuan in its Pre-A round funding. Cher Ami Wealth & Financial was lead investor in this round.

09/18/2016|1:40:46 PM|ChinaTravelNews

Online apartment service provider mamahome completes A-round funding

Shanghai-based online apartment service provider mamahome announced on September 6 it has completed its A-round funding, with City Developments Limited making a strategic investment in the company.

09/14/2016|9:26:39 AM|ChinaTravelNews

FlightManager acquires outbound travel App XiaYiZhan

FlightManager announced that it has acquired outbound travel App XiaYiZhan.

09/13/2016|9:22:44 PM|ChinaTravelNews

BTG-Homeinns goes for franchise as combined net income drops

BTG Hotels, the new parent company of Homeinns, reported 66.73% decline in net income for the first half of 2016.

09/13/2016|9:19:10 PM|ChinaTravelNews

Time for foreign meta-search engines to go beyond strong “product”

Localisation of product and team isn’t seemingly enough for any foreign meta-search engine due to the sheer scale of intermediaries that are already established in China.

09/13/2016|10:37:50 AM|ChinaTravelNews

BTG Hotels appoints David Sun as new GM

BTG Hotels has named Mr. David Sun as general manager and appointed six assistant general managers to form a new leadership team.

09/09/2016|2:48:39 PM|ChinaTravelNews
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