China’s OTAs are scrambling to invest in Wi-Fi rental services which has shot up in popularity overnight.
Civil Aviation Data Analysis reported a total of 80,000 incidents of flight delay by China’s carriers in April alone.
Four major CEOs in China’s hotel industry had a rare and candid discussion at the “CEO Chat” event at the TravelDaily China Hotel Marketing Conference.
SIMPLE Capsule Hotel has won a joint investment from Shanshan Ventures and PIF in its Series A financing round.
Fangcang has raised RMB60 million in a Series A financing, the third round of investment for Fangcang in two years.
CAR Inc has signed an agreement to purchase 100,000 cars for at least RMB10 billion from Shanghai Volkswagen over the next three years.
China’s tourism had RMB105.3 billion in direct investment in 2014, a y-o-y increase of 32%, and 15% more than the national fixed asset investment in the same period.
Tempus Global has acquired travel management company (TMC) Qingdao ZX to pave the way for its entry into the Shangdong province market.
