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Can business travel thrive in the sharing economy?
09/02/2016|8:24:14 PM|
China's sharing economy still has a long way to go in terms of trust.
BCD Travel invests in Greater China, appoints new MD
09/27/2016|9:16:55 AM|
BCD Travel has signed an agreement to take a majority ownership in its China and Hong Kong joint venture.
Deals Roundup: Travel finance has a long way to go
09/24/2016|9:26:13 AM|
A look at potential development of travel finance for consumers and suppliers, and a roundup of financing deals in travel industry:
UTour’s outbound wholesale revenue climb 59% in first half of 2016
08/22/2016|9:56:02 AM|
UTour’s operating revenue grew 41.99% to RMB 4.453 billion in first six months. Revenue from its outbound wholesale business was RMB 3.43 billion, up by 59.03% YoY.
Outbound car-rental platform Zuzuche.com closes its series B+ round
08/16/2016|2:20:15 PM|
Guangzhou-based outbound car-rental platform Zuzuche.com has closed its series B+ round with GF Securities-owned direct investment fund GF Xinde Investment Management as the lead investor.
China’s tourism revenues grow 12.4% in first half of 2016
08/04/2016|8:50:57 AM|
Domestic travel in China grew 10.47% to 2.236 billion trips in the first half of 2016, and tourism revenues rose 12.4% to RMB 2.25 trillion.
Accor explores upscale hotel market in China after FRHI acquisition
08/01/2016|9:56:17 AM|
AccorHotels has boosted its hotel portfolio in China to 195 following its acquisition of FRHI and its three upscale hotel brands, and plans to open four Sofitel hotels, four Pullman hotels, one Fairmont hotel and two Swissotels by the end of next year.
Tripvip raises millions of yuan in series A round
06/28/2016|10:15:16 AM|
Tripvip announced that it has received millions of yuan in its series A round. The outbound destination startup offers select and personalized itineraries.
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