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Destination travel site Aoliday raises US$1.6 million

Outbound DIY travel booking service Aoliday announced it raised RMB10 million in its Series A financing to enhance services and develop new destinations.

01/20/2015|3:32:25 PM|ChinaTravelNews

China to implement 11% departure tax rebate

The MOF policy was extended from the tax rebate trial in Hainan implemented since January 1 2011.

01/20/2015|8:45:36 AM|ChinaTravelNews

Wanda Tourism has US$1.2 billion revenue in 2014

Wanda group’s transformation and upgrading has been successful with the growth in its cultural and tourism business revenue surpassing its real estate business.

01/20/2015|9:22:02 AM|ChinaTravelNews

Meituan CEO confirms significant fundraising

Meituan will face tremendous pressure this year from its rival’s IPO and the challenge of O2O startups carving into Meituan's share in each of its market segments.

01/19/2015|9:19:36 AM|ChinaTravelNews

Atour Hotel raises US$30 million for innovative expansion

Atour Hotel will accelerate its expansion in China and abroad as well as set up an experiential user community with the latest funding.

01/19/2015|9:07:54 PM|ChinaTravelNews

Hotels in China need to embrace cloud based offerings in distribution technology

The mindset of hoteliers in China is changing towards integrated solutions with one source of data flowing in real time between systems improving distribution efficiency and enhancing the guest experience through the booking process.

01/19/2015|8:47:30 AM|ChinaTravelNews

Shakeup ahead for China’s glutted luxury hotel market

Luxury hotels in China are bracing for fierce competition as supply soars - the glutted market had a total of 800 five-star hotels in 2014.

01/16/2015|8:48:09 AM|ChinaTravelNews

CNTA launches China Tourism Industry Promotion Fund

“CNTA’s new jointly established fund will operate under market-driven principles to support exemplary integrated tourism projects” .

01/16/2015|5:03:04 PM|ChinaTravelNews
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