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Short-haul travel specialist Yaochufa claims RMB 550 million raised in D round

Chinese local tour service provider Yaochufa announced it has raised RMB 550 million in its D round funding; the company offers tour packages covering accommodation, attraction admission and local food

04/19/2016|9:09:07 AM|ChinaTravelNews

Chinese travelers spend 48% more in South Korea in Q1

Chinese tourists spent 48% more in shopping at South Korea’s Lotte Department Store from January 1 to April 11 this year, which was nearly 50% more than the first quarter of 2015 before the MERS outbreak

04/17/2016|9:14:13 AM|ChinaTravelNews

Juneyao Airlines net income surges 144.87% in 2015

Juneyao Airlines registered 144.87% increase in net income to RMB 1.047 billion in 2015

04/17/2016|9:14:32 AM|ChinaTravelNews

Transaction system Shoukeyi receives Pre-A round financing

B2B travel transaction service Shoukeyi.com received Pre-A round funding of tens of millions of yuan in early 2016 and the company plans to dip into financing for travel industry players

04/15/2016|9:25:11 AM|ChinaTravelNews

Hostel brand ShiLiLi raises RMB 30 million

Honeymoon lodging service ShiLiLi announced it has raised RMB 30 million from a consortium led by Mr. Chi Li, one of the three successful investors known as “The Warren Buffets of China.”

04/15/2016|9:20:12 AM|ChinaTravelNews

HotelsNow raises multi-million yuan in another financing round

HotelsNow announced that it had raised tens of millions of yuan in a new angel round of financing led by Beijing “Yi Yi Tian Shi”

04/14/2016|9:25:59 AM|ChinaTravelNews

Travelport partners with Macao tourism authority for destination marketing

Macao Government Tourism Office has formed a new marketing partnership with Travelport, aimed at driving more tourist inflow

04/14/2016|11:54:14 AM|Travelport

China Southern punished over jet mishandling in South Korea

Plane entered runway as another jet was landing because it misunderstood air traffic controllers, minutes of CAAC meeting reveal

04/14/2016|11:38:25 AM|ChinaTravelNews
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