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Utour’s enjoys revenue growth above 40%

Utour achieved 40.32% y-o-y growth in revenue, recording RMB4.217 billion turnover and 24.32% y-o-y growth in shareholder profits totaling RMB109 million.

02/27/2015|3:49:53 PM|ChinaTravelNews

Hong Kong and Macau tour operators to begin mainland operations in trial run

Five Hong Kong and Macau sole-proprietorship tour operators will begin directly soliciting mainland customers for outbound tours in a pilot scheme starting March 1.

02/26/2015|9:53:52 AM|ChinaTravelNews

Qunar sparks another OTA price war with hotel booking cash back

Qunar will undercut competitors by at least 10% in all their hotel prices via cash-back promotions, adopting a new slogan “one cent hotel”.

02/15/2015|11:41:30 AM|ChinaTravelNews

Phoenix Travel aims to restructure and improve technology after financing

Phoenix Travel Worldwide will make acquisitions and bolster its subsidary Global Joy while boosting its technological transition and trimming staff.

02/13/2015|11:43:39 AM|ChinaTravelNews

Ctrip’s tour operations surge 50% in 2014

Ctrip’s biggest advantage is its branding and a one-stop service model with full responsibility for service quality throughout each sales stage.

02/12/2015|11:45:46 AM|ChinaTravelNews

Visa-free destination startup Tripvip gets angel investment

Travel specialist to visa-free destinations Tripvip has received a RMB6 million angel investment from Pingan Ventures after only six months of operation.

02/04/2015|5:31:01 PM|ChinaTravelNews

Phoenix Travel gets new investors and cross-border partner

Phoenix Travel Worldwide announced the completion of its second round of financing with a joint investment and a strategic partnership with Hong Kong New World Group

02/04/2015|11:01:15 AM|ChinaTravelNews

Caissa Touristic aims to go public

Caissa Touristic is planning to make an A share listing using shell company Easy Food Co.

02/05/2015|4:49:30 PM|ChinaTravelNews
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