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Meituan-Dianping fully acquires cloud-based hotel PMS provider BeyondHost

Meituan-Dianping has fully acquired hotel PMS service provider BeyondHost. Both will work together to build an open platform for hotels.

05/24/2018|5:28:10 PM|ChinaTravelNews

Ice-snow information service operator Huaxue Zoo reaps $4.71 million in funding

Huaxue Zoo told 36Kr that iSNOW has so far served more than 100 ski resorts and ice rinks, and expects to provide services to 50-100 more customers in 2018, increasing the total number to 200.

05/23/2018|6:04:13 PM|ChinaTravelNews

Ctrip’s $157 million ABS product approved for tourism financing

Insiders believe that the issuance of the first tourism ABS product reflects Ctrip and other overseas listed companies’ optimism in embracing the Chinese capital market.

05/23/2018|9:01:18 AM|ChinaTravelNews

Boutique resort hotel brand Shi Lily obtains $15.64 million in funding

In 2018, Shi Lily plans to open its first resort hotel with more than 100 rooms in Dali, Yunnan Province, and to launch over 30 hotels across China.

05/21/2018|4:14:52 PM|ChinaTravelNews

OCT speculated to invest 1.176 billion yuan in Ctrip-backed Tongcheng-eLong

An insider suspects that Wanda is selling part of its stake in Tongcheng-eLong to Overseas Chinese Town (Asia) at an overall valuation of 23 billion yuan.

05/11/2018|6:13:52 PM|ChinaTravelNews

Ctrip leads financing into smart catering service provider Mwee with $24 million

Ctrip’s massive traffic volume will bring more high-net-worth users to the Mwee platform, and in turn the platform will connect with Ctrip to provide services in queuing, booking, ordering, payment and others.

05/11/2018|6:03:54 PM|ChinaTravelNews

Experience operator Gravity Entertainment bags tens of millions of yuan in funding

Gravity Entertainment works with real estate companies and tourist attractions to recreate iconic settings from blockbuster movies, games, comics and novels in the real world.

05/09/2018|2:10:32 PM|ChinaTravelNews

Shared hotel linen supplier Tu Xiaoer secures multi-million yuan in funding

The company will continue to boost market promotion and operation systems, and it plans to cover 100,000 rooms in 70 cities by the end of 2018.

05/08/2018|3:24:57 PM|ChinaTravelNews
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