Meituan enjoyed 190% growth in turnover in the first half of this year and transaction volume of RMB47 billion during the period.
Baicheng will extend its services from visa to specialized destination travel to grow from one million users to 10 million users.
There Travel has received an angel investment of RMB12 million that it plans to use to fine-tune its products and develop the market, according to its CEO Ning Shi.
Huway has received RMB40 million (approx: US$6.44 million) from Mango Haitong Creative Arts Investment Fund in its A Series financing round.
China’s tourism expenditure grew 14.5% to reach RMB1.65 trillion while investment grew by 28% y-o-y to a total of RMB301.8 billion in the first half of 2015.
Hotels in China need to be equipped with better technology to manage a variety of systems such as PMS, CRS etc.
The 50 B737 series narrow-body aircraft for China Eastern’s wholly-owned subsidiary China United Airlines, the carrier said on July 9.
A hotel ranking list based on room counts shows local economy hotel chains topping the charts while major international hotel groups are shrinking in scale.
