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Leo Group invests RMB 27m in ground solution provider Yuetu
11/10/2016|5:57:13 PM|
Zhejiang-based Leo Group made an investment of RMB 27 million in Yuetu for 9% holding. As a transportation solution provider, Yuetu offers basic information and guidance about train services to individual customers.
Japan’s visitor arrivals break 20 million mark
11/01/2016|10:11:19 AM|
Japan received more than 20 million overseas visitors in the first 10 months of 2016, of which the 5 million trips made by mainland Chinese visitors accounted for a quarter.
Caissa invests in outbound platform HuanTaoYou
12/14/2016|9:58:47 AM|
Caissa Tourist plans to make an investment in outbound tour platform HuanTaoYou and expedite consolidation of overseas resources by leveraging the latter’s supply-sales connection.
HNA's Shareco to buy 34.90% stake in GEE
11/10/2016|8:48:30 AM|
HNA subsidiary Shareco will buy a 34.90% stake in US-based inflight entertainment company GEE for USD 416 million.
Atour Hotel receives USD 100 million in C round
12/23/2016|11:07:10 PM|
Atour Hotel announced on December 23 that it has raised USD 100 million in its series C round funding. The round has Legend Capital and Alibaba’s former CEO Zhaoxi Lu as investors.
Greenland rolls out G-Hotel brand in Ctrip tie-up
11/09/2016|11:09:30 AM|
Greenland Hong Kong and Ctrip announced a partnership in which the former’s serviced apartments will be listed on the latter’s online booking platform.
Five-star hotels have the highest occupancy rate in Q3 2016
01/10/2017|2:36:56 PM|
In Q3 of 2016, there are altogether 10,488 hotels were audited provincial tourism administrations. Five-star hotels in 16 provinces had higher average occupancy rate than the national average of 62.24%.
Travel agencies organize 23.1% more overseas visits in Q3 2016
01/09/2017|9:26:19 AM|
China’s travel agencies organized 17.02 million outbound trips in the third quarter of 2016, up by 23.1% YoY, according to CNTA data.
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