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Webjet acquires JacTravel to create a global B2B travel giant

Australian travel group Webjet announces to acquire UK hotels and inbound tourism provider JacTravel. WebBeds, the B2B platform of Webjet, will become the second largest B2B travel platform worldwide.

08/02/2017|8:07:53 PM|Webjet

Homestay booking site OneHome closes A+ round financing

Homestay reservation platform OneHome claimed to have so far completed three rounds of financing, aiming at the homestay booking market for Chinese travelers abroad.

07/28/2017|3:49:50 PM|ChinaTravelNews

Tujia’s vacation rental platform VaShare closes Pre-A round financing

Vacation-sharing platform VaShare received millions of dollars in its Pre-A round financing. The company has completed two rounds of financing in less than six months, receiving around ten million dollars.

07/24/2017|6:53:33 PM|ChinaTravelNews

Tour guide app Lvji receives 25 million yuan in A round

Tour guide app service provider Lvji announced that it has raised RMB 25 million in its A round funding. The round had QF Capital as lead investor and also involved Beijing Jizhi Tech.

07/12/2017|11:27:32 AM|ChinaTravelNews

Tongcheng Tourism plans to invest in Hongtu Airlines

Tongcheng Tourism is said to eye a strategic investment in Hongtu Airlines, as China’s OTAs seek to extend on supply and demand sides to gain customers and build their own core advantages by providing a full range of services.

07/05/2017|9:44:26 AM|ChinaTravelNews

Chinese OTAs open up to new ways of distribution connectivity and integration

Emirates' decision to make their offerings available for booking on Alitrip (Fliggy) via an NDC API indicates the readiness of intermediaries in China to embrace new developments.

07/04/2017|9:50:52 AM|ChinaTravelNews

Ctrip projects 20 billion yuan in group tour revenue this year

Ctrip projected that its group tour business will gross RMB 20 billion this year. Its chairman James Liang said that the company’s sales income from hotels, air tickets, and travel groups will quickly become the highest in the world.

06/30/2017|10:51:10 AM|ChinaTravelNews

JD.com ties up with China Eastern for air cargo, corporate travel

JD.com has formed a strategic partnership with China Eastern Airlines to strengthen its logistics service and corporate procurement business, particularly JD corporate travel.

06/28/2017|10:10:53 AM|ChinaTravelNews
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