Chinese conglomerate Fantasia Group announced on December 24 the full acquisition of Morning Star Group Limited a HK travel company.
Visa application specialist and OTA Baicheng recently completed a VIE disassembly and will return to the Chinese capital market to list on the New Third Board.
China has released the results of the national tour operators survey for Q3 2015 showing performance by region and industry segment.
Huazhu Hotels has signed an acquisition agreement with budget hotel chain Hotel Home estimated to be worth around RMB80 million.
Meituan-Dianping has quietly launched air ticketing service online to add to the earlier release of hotel booking functions.
GAC Group will form a partnership with Uber China in capital investments, auto sales and maintenance, second-hand cars, auto loans, insurance and leasing.
Boutique travel website Zanadu announced it received over RMB80 million in its A+ financing round, in which IT giant Tencent is the lead investor.
Meituan-Dianping has already raised US$2.8 billion in financing as of mid-December this year through the issuance of Class B shares.
