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C2B guide-matching platform UGuide secures $1.56 million in funds
05/30/2018|10:24:53 AM|
UGuide is considering to remove tour operators from its operation and serve individual customers directly by acquiring customers through international social media.
B2B hotel platform Mogu Trip fully acquired by travel service provider Yundijie
04/29/2018|9:06:01 PM|
The acquisition of Mogu Trip will help Yundijie branch out into the international hotel distribution business and further enhance its product supplies to increase competitiveness.
Experience operator Gravity Entertainment bags tens of millions of yuan in funding
05/09/2018|2:10:32 PM|
Gravity Entertainment works with real estate companies and tourist attractions to recreate iconic settings from blockbuster movies, games, comics and novels in the real world.
PMS provider GreenCloud reaps RMB 180 million in B round funding
05/08/2018|8:01:45 AM|
GreenCloud has signed 12,000 clients and has partnered with more than 20 local hotel groups ranked in the top 60 Chinese hotel groups as well as major international hotel brands.
ChinaTravelNews Briefing: Mobile payment, blockchain and destination services
03/12/2018|1:55:59 PM|
For the last fortnight, latest tourism statistics underlined China’s position as a vital source market, and fresh funding flowed into China's blockchain travel and destination service startups.
Meituan-Dianping fully acquires cloud-based hotel PMS provider BeyondHost
05/24/2018|5:28:10 PM|
Meituan-Dianping has fully acquired hotel PMS service provider BeyondHost. Both will work together to build an open platform for hotels.
Ctrip Chairman: The potential of China’s inbound tourism market is yet to be exploited
05/24/2018|8:38:08 AM|
Ctrip’s James Liang believes that China will enjoy more opportunities in the tourism market if it can extend visa-free policies to more countries.
Shared lodging brand Islands secures tens of millions of yuan in financing
04/17/2018|8:51:26 AM|
Islands pools together existing room inventories in centrally located neighborhoods and lease them at 80% of the operating cost, to help generate returns on otherwise unused room stocks.
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