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Netease and HNA to make online travel company JV
05/20/2015|10:59:05 PM|
HNA has signed a partnership agreement with Netease’s subsidiary Lede Technology in Hangzhou to form a new online travel company.
Carlson Rezidor to expand Greater China operations
05/20/2015|6:25:44 PM|
The Carlson Rezidor Hotel Group will launch two original brands in China and plans to quadruple the number of its hotels in China in the next four years.
China’s OTAs net US$14 billion in transactions in Q1 2015
05/18/2015|10:47:22 PM|
China’s OTA market recorded RMB87.5 billion in transactions during the first quarter of 2015 an increase q-o-q of 11.7% and 29.2% y-o-y.
Chinese hotel groups get ready for new battles
05/15/2015|10:51:45 PM|
Chinese hotels are under pressure, with wobbling RevPAR adversely impacting the overall profitability in Q1.
Chinese carriers record 40% of worldwide flight delays in April
05/14/2015|5:04:04 PM|
Civil Aviation Data Analysis reported a total of 80,000 incidents of flight delay by China’s carriers in April alone.
Investment in China’s tourism industry rises 35% in Q1 2015
05/13/2015|10:30:39 AM|
China’s tourism had RMB105.3 billion in direct investment in 2014, a y-o-y increase of 32%, and 15% more than the national fixed asset investment in the same period.
Tourism IT Fangcang raises almost US$10 million in Series A financing
05/13/2015|10:30:15 AM|
Fangcang has raised RMB60 million in a Series A financing, the third round of investment for Fangcang in two years.
Crafting an Apple Watch app – it’s about delivering info in lightweight manner
05/12/2015|10:36:08 PM|
Chinatravelnews.com’s Ritesh Gupta talks to top two OTAs – Ctrip.com and India’s Cleartrip.com about their new Apple Watch apps.
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