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Tongcheng Tourism sets up own airlines for one billion yuan

Online travel agency Tongcheng Tourism announced that it has invested RMB 1 billion to set up an airline company.

05/02/2017|9:19:38 AM|ChinaTravelNews

Ctrip reintroduces tailored travel platform with 4,000 tour specialists

Ctrip has upgraded its tailored travel platform to “Version 2.0”. The platform has more than 1,200 partner suppliers recommending around 4,000 itinerary designers to cover 956 destinations in 107 countries worldwide.

04/28/2017|12:40:49 PM|ChinaTravelNews

Expedia gross bookings grow 14% in Q1 2017

Expedia reported gross bookings of USD 2.9 billion in the first quarter of 2017. Revenue increased 15% YoY to USD 2.2 billion, of which Trivago took up USD 286 million, a 62% rise from a year ago.

04/28/2017|7:09:34 AM|ChinaTravelNews

Travelzoo's revenue drops 5% in Q1 2017

Travelzoo reported revenue of USD 28.4 million and operating profit of USD 2.1 million in 2016. In constant currencies, revenue decreased by 5% year-over-year.

04/27/2017|12:21:42 AM|ChinaTravelNews

ITB China presents: The 2017 Startup Award finalists

Pitches and ceremony will take place on the afternoon of May 11 in the ITB China conference center.

04/27/2017|10:02:02 AM|ChinaTravelNews

SEC report: HNA Group owns 26.5% stake in Tuniu

A recent SEC filing shows that HNA holds a 26.5% stake in Tuniu and JD.com controls a 20.6% stake in the company, as of March 31, 2017.

04/18/2017|6:39:51 PM|ChinaTravelNews

Tujia launches vacation exchange platform VaShare

Tujia has rolled out innovative vacation lodging sharing platform VaShare. The platform is a joint venture of Tujia and its major stakeholder Ctrip.

04/18/2017|11:18:47 AM|ChinaTravelNews

Tailored travel SaaS platform Lushu closes A round

Travel customization SaaS platform Lushu told ChinaTravelNews on April 17 that the company has closed its A round funding backed by Keywise Capital, an investor of Chinese photo App maker Meitu.

04/17/2017|6:35:56 PM|ChinaTravelNews
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