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China’s tourism investments grow 42% in 2015

Tourism-related investments in China last year topped RMB1.0072 trillion, up 42%, according to CNTA.

05/17/2016|9:39:47 AM|ChinaTravelNews

Understanding TripAdvisor’s product creation flow

The global hotel distribution landscape is in the middle of yet another intriguing phase. The likes of TripAdvisor and Google are to refine their offerings on an ongoing basis. Known for their dexterity, such entities have the power to build a stronger brand affiliation via their product and technology expertise, holding on to the massive traffic with valuable propositions.

05/16/2016|9:23:55 AM|ChinaTravelNews

Wan Zi Earth completes A round with millions of yuan from Alibaba

P2P tour guide platform Wan Zi Earth raised millions of yuan in its series A round funding with Alibaba as a strategic investor. The round was joined by SuHeHui, N5 Capital and Yinxinggu Capital

05/13/2016|10:09:31 AM|ChinaTravelNews

Meyouone valued above RMB 100 million after angel round

Meyouone, an e-commerce platform that specializes in honeymoon travel, has won an angel investment of RMB 8 million from Baige Capital

05/09/2016|9:28:00 AM|ChinaTravelNews

China’s tourism investment reaching 1 trillion yuan in 2015

Tourism investment in China hiked 42% in 2015 and reached 1.0072 trillion yuan, according to a tourism green paper published by Chinese Academy of Social Science (CASS).

05/04/2016|9:22:53 PM|ChinaTravelNews

LY.com taps into TMC segment by funding DT Travel

LY.com announced that it has invested in DT Travel’s series A round. The move will help it expand in the TMC segment, which is estimated to be turning over more than RMB 100 billion and is expected to grow by 15%-20% annually for the next five years

05/04/2016|8:47:36 PM|ChinaTravelNews

Outbound travel service Baicheng gets New Third Board listing

Beijing Baicheng International Travel was listed on New Third Board on April 22; Alibaba holds 16.47% stake in the travel agency as the second largest shareholder

04/27/2016|2:55:04 PM|ChinaTravelNews

Qunar promotes Haijun Yang to president

Former vice president of public relations of Qunar has now been promoted to president of the company

04/21/2016|10:48:36 AM|Qunar
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