Kaikaihuai (KKH),Wi-Fi solutions provider for conventions, is planning to launch an A Series financing round, having received a multi-million RMB angel investment.
Utour will invest in a 10% stake in JV tourism investment company Tianjin Youtou Jinding Investment.
OTA Tuniu announced it has been issued an insurance agent license and its newly established Tuniu Insurance Company has begun operations.
Qunar has accusing its arch rival Ctrip of breaching Anti-Monopoly Law and the State’s declaration threshold guidelines in its acquisition of eLong.
Chinese hotel group Jin Jiang Hotels Group has invested RMB1.8 billion on August 6 for an 80% stake in the mid-range the Vienna Hotel Group and its restaurants.
Huizhuche, an online car rental platform for Chinese travelers abroad, just received almost US$10 million from Northern Light Venture Capital.
Users can now access the ChinaTravelNews mobile website for the latest Chinese travel industry information anytime anywhere on any device!
A spokesperson of Wanda Hotels and Resorts has confirmed that the group is planning to launch Jinhua hotel brand, described as a mid-high-end brand.
