According to Ted Zhang, Chinese hotel organizations need to evolve, and keep pace with evolving distribution platforms and channels.
Songcheng Performing Arts announced it will raise one billion RMB to set up an investment fund for developing its O2O entertainment business ecosystem.
Chinese OTAs have jointly inaugurated an incentive point system for tour guides at the launch of the Respectful Service and Value Awards held in Beijing.
Apartment rental platform Mofang Apartments has raised a total funding of close to US$200 million from Warburg Pincus to accelerate growth with its Apartment + strategy.
The China Tourism Association is formulating a set of guideline pricing for domestic tour itineraries.
HNA has signed a partnership agreement with Netease’s subsidiary Lede Technology in Hangzhou to form a new online travel company.
Ruili Airlines, in conjunction with CATIC International Leasing and Mingsheng Financial Leasing, will purchase 60 Boeing 737Max aircraft.
The Carlson Rezidor Hotel Group will launch two original brands in China and plans to quadruple the number of its hotels in China in the next four years.
