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Ctrip launches travel & lifestyle content platform Hydrogen Balloon

The platform can be a realizable asset once it has accumulated a sufficient amount of content.

04/20/2018|8:44:05 AM|ChinaTravelNews

Travel firm PKFARE acquires tens of millions of yuan, backed by Caissa Tourism

Having won financing from Civil Aviation Investment Fund, Caissa Tourism and CKGSB Chuang Fund, PKFARE will continue to exploit the supply chain and product inventories.

04/18/2018|8:46:17 AM|ChinaTravelNews

Shared lodging brand Islands secures tens of millions of yuan in financing

Islands pools together existing room inventories in centrally located neighborhoods and lease them at 80% of the operating cost, to help generate returns on otherwise unused room stocks.

04/17/2018|8:51:26 AM|ChinaTravelNews

Reputation report finds hotel facilities still the favorite review subject

Hotel reviews left by families with children increased at the fastest rate in 2017, and hotel facilities were still most the most reviewed area by hotel guests.

04/13/2018|9:00:58 AM|ChinaTravelNews

B2B travel platform Octopus scoops $95 million, backed by Alipay’s parent

Alipay parent company Ant Financial and CCB International are new investors, and both will participate in Octopus’s new S2B initiative.

04/09/2018|1:00:44 PM|ChinaTravelNews

China’s hotel consolidator DidaTravel raises $8 million

DidaTravel will continue to increase direct procurement of hotel resources, expand overseas sales and domestic offline channels after completion of the current round.

04/09/2018|8:42:41 AM|ChinaTravelNews

ChinaTravelNews Briefing: Ctrip Car licensed to run, Meituan buys Mobike, Airbnb Plus

Ctrip Car gets the nod to run ride-hailing business; Meituan extends its offerings to 320 million annual active users through its Mobike acquisition; and higher fuel cost is affecting the growth of airlines.

04/08/2018|5:49:42 PM|ChinaTravelNews

Tour operator Xband secures 63.5 million yuan, backed by CYTS fund group

After the latest capital injection, Xband Club plans to expand its homestay business to build an inventory of 10,000 guest rooms in five years.

04/03/2018|8:44:56 AM|ChinaTravelNews
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