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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

B&B brand Sweetome begins independent operation backed by Poly Capital

Customized B&B brand Sweetome Group has announced its core strategy of “sharing accommodation” and the completion of a new round of financing backed by real estate conglomerate Poly Capital.

03/29/2018|8:41:42 AM|ChinaTravelNews

Hotelbeds sells destination management unit to TUI for €110 million

Following the integration of Tourico Holidays and GTA, there are now over 170,000 hotels selling to over 60,000 travel intermediaries globally via Hotelbeds' proprietary B2B platform.

03/28/2018|6:00:58 PM|ChinaTravelNews

ChinaTravelNews Briefing: Ctrip ends cruise venture, China merges culture-travel offices

Ctrip, Royal Caribbean Cruises announced to end their joint venture; China planned to merge culture and tourism authorities; Tujia hoped to work with Airbnb; and B&B and e-guide startups raised capital.

03/24/2018|9:55:47 AM|ChinaTravelNews

Boutique B&B brand Short Stay Technology raises multi-million-dollar financing

Short Stay Technology, founded by Qyer former COO, has recently secured millions of dollars in funding. It will further develop housing source to expand in major tourist cities in Japan.

03/20/2018|9:18:47 AM|ChinaTravelNews

Ctrip starts to deliver combined impact of group companies

The online travel group has singled out the performance of its international businesses, along with the contribution from registered users and the growth in lower-tier cities in China.

03/19/2018|7:39:04 PM|ChinaTravelNews

Travel solution provider TibetJust secures 100 million yuan in angel round

Tibet-bound travel solution provider TibetJust has recently raised RMB 100 million in an angel round of financing, backed by travel platform Zuotoujing.

03/16/2018|4:54:36 PM|ChinaTravelNews
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