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Blockchain-driven home sharing platform PopulStay raises $2.25 million

Based on blockchain technology, PopulStay hopes to build a home sharing community by directly connecting hosts and guests, and lower the cost for both parties by doing away with intermediaries.

07/11/2018|4:52:15 PM|ChinaTravelNews

Australia-based CTM to acquire Hong Kong travel agency Lotus for HKD 300M

CTM Asia becomes the largest player in Hong Kong serving Greater China market after the acquisition, total transaction value reaching AUD$2.5 billion.

07/11/2018|4:26:44 PM|ChinaTravelNews

A fascinating tussle brews for outbound hotel distribution pie in China

The battle to target a bigger pie of the outbound business featuring travelers from lower-tier cities in China is getting intense.

07/13/2018|8:03:20 AM|ChinaTravelNews

Airbnb appoints new president in China

Tao Peng, a local serial entrepreneur who built companies like Breadtrip, CityHunter and co-founded CityHome, announced personally that he would join Airbnb in September as President of Airbnb China.

07/10/2018|10:37:39 AM|ChinaTravelNews

Education platform Maitao.com pockets multi-million dollars to expand offline

Maitao acquires new customers with low-cost and high-quality courses such as Maitao Lab, and then channels the customers to high-value long-haul tours and camp activities.

07/09/2018|3:00:07 PM|ChinaTravelNews

Huazhu ranked 4th globally, Meituan files for IPO, and more in ChinaTravelNews Briefing

AccorHotels’ shareholder Huazhu surpassed IHG in market capitalization as the world’s fourth highest valued hospitality group. Tencent-invested e-commerce and travel firms Meituan and Tongcheng Elong filed for Hong Kong listings.

07/09/2018|10:48:48 AM|ChinaTravelNews

Optimizing digital media mix in China – 5 areas demanding deeper introspection

The constant refining of features on high-traffic ecosystems such as Tencent, search-related activity going beyond search engines or the rising popularity of an app such as Douyin, such developments demand a deeper introspection into how creative and media strategy needs to be planned out in China.

07/09/2018|7:50:39 AM|ChinaTravelNews

Airbnb injects $5 million into China’s B&B management platform City Home

This will increase Airbnb’s supply of quality accommodation in China, and make available more offline resources and services for Airbnb hosts, which will in turn help City Home acquire more sources in the country.

07/06/2018|3:03:02 PM|ChinaTravelNews
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