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Accor explores upscale hotel market in China after FRHI acquisition

AccorHotels has boosted its hotel portfolio in China to 195 following its acquisition of FRHI and its three upscale hotel brands, and plans to open four Sofitel hotels, four Pullman hotels, one Fairmont hotel and two Swissotels by the end of next year.

08/01/2016|9:56:17 AM|ChinaTravelNews

China Eastern, China Southern to move to new Beijing airport

Beijing’s second airport is to redistribute interests in air market, as Air China will stay in Beijing Capital Airport while China Eastern and China Southern will leave.

08/01/2016|10:16:21 AM|ChinaTravelNews

Ride-hailing platforms including Didi and Uber raise prices, no more money burning

Ride-hailing platforms including Didi, Uber, UCAR and Yidao have cut subsidies and raised prices in several cities since last month.

07/28/2016|11:33:16 AM|ChinaTravelNews

QuHappy.com completes Pre-A round financing

Destination travel product distribution platform QuHappy.com has announced it had completed its Pre-A round financing in May. The investment from venture capital fund owned by Guangdong Technology Venture Capital Group in the round boosted the valuation of QuHappy to above RMB 100 million.

07/27/2016|9:31:44 AM|ChinaTravelNews

Travel startups create 3.39 million tourism jobs in 2015

Tourism-related entrepreneurship and innovation created around 3.3945 million jobs in China in 2015, accounting for 12.13% of direct employment in the industry.

07/27/2016|6:48:16 PM|ChinaTravelNews

New Third Board-listed UCAR eyes bigger presence in China’s auto industry

While investors of Didi and Uber are pushing for potential deals, UCAR has landed on New Third Board and is looking to carve a bigger slice of China's auto market.

07/25/2016|9:25:57 AM|ChinaTravelNews

Japan sees 40% more Chinese visitors in first half of 2016

Mainland Chinese tourists made 3.0766 million trips to Japan from January to June this year, up by 41.2% YoY.

07/22/2016|2:40:31 PM|ChinaTravelNews

United Airlines eyes long-term growth in China’s lower-tier cities

United Airlines looks to long-term operation out of lower-tier cities based on prudent evaluation of a destination’s economic and consumption potential.

07/21/2016|9:35:48 AM|ChinaTravelNews
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