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China sees narrowing tourism trade surplus in 2014-2017

China continues to maintain a trade surplus in tourism from 2014 to 2017, though the surplus has been narrowing over time, according to a survey of China Tourism Academy.

02/08/2018|2:36:14 PM|ChinaTravelNews

Wyndham Hotel Group is the Official Partner Hotel of ITB China 2018

Wyndham will have a strong presence at ITB China 2018, the three-day b2b-show, connecting brand new products and innovative services of tourism with the best industry experts in one place.

02/07/2018|6:00:26 PM|ChinaTravelNews

China tourism nets $850 billion in 2017, contributing 11.04% to GDP

In 2017, China earned $850 billion from tourism, up 15.1%. The tourism industry contributed ￥9.13 trillion to GDP, accounting for 11.04% of economic output, according to China Tourism Academy.

02/07/2018|3:38:42 PM|ChinaTravelNews

Uber-like hotel platform Xbed secures $16 million

Currently there’re over 20,000 properties in 44 cities across China with nearly a million registered users, and the inventory is expected to reach 100,000 after the completion of the current round.

02/07/2018|10:23:36 AM|ChinaTravelNews

WandTrip wins 8-figure financing to tap alternative home-sharing business

WandTrip has won multi-million yuan financing to tap the global alternative accommodation market worth $114.4 billion in 2017, and its compound annual growth rate topped 20% in the past six years.

02/06/2018|10:51:50 AM|ChinaTravelNews

Mobile device IDs – laying a strong foundation for precision advertising

Cookies-based approach to tracking behavior of travelers isn’t enough as one might not be offering accurate message/ ads. On the other hand, mobile device IDs offer more dependable data.

02/05/2018|8:14:24 AM|ChinaTravelNews

China’s Airbnb Tujia acquires Fishtrip for overseas expansion

With the addition of Fishtrip, Tujia is now connected to nine online property platforms including Tujia itself, Mayi, Ctrip, eLong, Qunar, 58.com-Ganji, WeChat Hotel and Zhima Credit.

01/31/2018|4:27:02 PM|ChinaTravelNews

Facebook’s chatbot M is dead. Will travel AI on WeChat thrive?

After closing a $3 million funding round, Hong Kong-based chatbot startup TravelFlan enters mainland China market, transitioning from Facebook Messenger to Tencent’s WeChat platform for the Chinese travelers.

02/01/2018|10:37:26 AM|ChinaTravelNews
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