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TravelSky adds China Eastern as investor for its mobile app

TravelSky Mobile Tech is seeking monetization and profitability through a series of reforms including this capital restructuring plan.

06/14/2020|10:31:56 AM|ChinaTravelNews

Chinese hotel group GreenTree sees a 33% drop in Q1 revenue

The company expects its total revenues to decrease by 10%-15% for the full year 2020.

06/05/2020|2:18:13 PM|ChinaTravelNews

Trip.com Group founds a startup-investment firm with $14 million

Mr. Jay Shen, vice president of the Trip.com Group, serves as legal representative of the new company.

06/04/2020|8:45:04 PM|ChinaTravelNews

Trip.com Group invests in airport service app iSkytrip

This is not the first time that the Chinese OTA has expanded into airport-related services.

06/02/2020|3:31:45 PM|ChinaTravelNews

Caissa Travel suspends purchase of Tuniu shares from JD.com

If Caissa Travel buys Tuniu shares as planned, it will possibly assume a heavy financial burden and take the risk of not getting returns in the long term.

06/01/2020|10:01:08 AM|ChinaTravelNews

Chinese OTA giant faces tougher challenges in second quarter

International transportation accounts for 50% of Trip.com Group's total transportation revenue, so transportation will be more vulnerable to the COVID-19 impact than hotels will.

05/30/2020|11:55:21 AM|ChinaTravelNews

TravelSky sells a stake in its consumer-facing App to China Southern

The state-controlled giant is taking a step to better adjust to the market-based economy and explore monetization for its app unit.

05/28/2020|2:34:11 PM|ChinaTravelNews

Huazhu initiates major restructuring to pursue global ambition

China remains key to the company's operation while Huazhu will continue its investments for international expansion.

05/20/2020|10:58:13 PM|ChinaTravelNews
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