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HNA’s E-Life Financial receives RMB 1.9 billion in B+ round

HNA subsidiary E-Life Financial raised RMB 1.9 billion in its B+ round after it closed its 4-billion-yuan B round last October. The deals boost the company‘s value to above the earlier projected RMB 8 billion.

12/30/2016|4:45:21 PM|ChinaTravelNews

Huazhu, Accorhotels expand in China's midscale, upscale market

Huazhu Hotels (China Lodging Group) unit Yagao Meihua signed agreements for nearly 40 new projects in more than ten months. The majority are located in China's first- and second-tier cities.

12/30/2016|10:44:22 AM|Huazhu

TravelSky renews two-year deal with China Southern

TravelSky renewed a two-year agreement with China Southern Airlines to provide the latter with revenue management software and related tools.

12/29/2016|2:54:01 PM|TravelSky

Hotel chain SunMei receives RMB 140 million in B round

Hotel company SunMei announced that it has raised RMB 140 million in B round. The company was established in 2009 and was formerly known as Thank Inn.

12/28/2016|12:51:25 PM|ChinaTravelNews

China Car Experts raises RMB 2.15 billion in A+ and B rounds

State-owned car rental company China Car Experts raised RMB 2.15 billion in its series A+ and B rounds. The company received RMB 800 million in its A round in October 2015.

12/28/2016|11:49:56 AM|ChinaTravelNews

China to spend over RMB 1 trillion on sports tourism

China’s tourism and sports authorities are joining forces to boost the country’s sports-related tourism, aiming to yield 1 billion trips and more than RMB 1 trillion tourism receipts from this segment by 2020.

12/26/2016|11:44:19 AM|ChinaTravelNews

Japan sees 19.2% more Chinese tourist arrivals in November

Japan received a total of 1.875 million foreign visitors in November, and visitor arrivals from China rose 19.2% to 0.4328 million, accounting for 23% of the total arrivals to the country.

12/26/2016|10:24:52 AM|ChinaTravelNews

HNA raises RMB 12.5 billion on New Third Board in 2016

HNA’s Capital Helicopter announced that it has raised RMB 3.2 billion in a private placement, said to be the largest sum raised on the New Third Board so far this year. It has boosted the total sum raised by HNA on the board in 2016 to more than RMB 12.5 billion.

12/26/2016|9:37:37 AM|ChinaTravelNews
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