Search results for “Chinese”
GreenTree Inns teams up with foreign PE and invests in Yibon Hotels
04/18/2017|10:17:07 AM|
Chinese budget hotel operator GreenTree Inns has partnered with an overseas private equity firm to jointly invest RMB 150 million in domestic peer Yibon Hotels.
Tencent continues reign as China’s most valuable brand, Ctrip ranks 38th with $2,260m
03/21/2017|9:45:31 AM|
Tencent continued its reign as China’s most valuable brand, rising 29% to be the first 100-billion-dollar brand while Ctrip ranked 38th in the Chinese companies with a brand value of USD 2,260 million.
Tailored travel SaaS platform Lushu closes A round
04/17/2017|6:35:56 PM|
Travel customization SaaS platform Lushu told ChinaTravelNews on April 17 that the company has closed its A round funding backed by Keywise Capital, an investor of Chinese photo App maker Meitu.
Shimao Property partners with Starwood Capital to create new hotel JV in China
03/30/2017|7:25:18 PM|
Chinese developer Shimao Property and global private investment firm Starwood Capital will establish a new hotel joint venture based in China. The venture will be owned 51% by Shimao and 49% by Starwood Capital.
Malaysia to implement one-year trial of visa-free entry for Chinese tourists
06/12/2015|7:12:35 AM|
The Malaysian Cabinet has directed the country’s Interior Ministry to implement a year-long trial of visa-free entry for Chinese tourists.
Chinese arrivals to Greece expected to grow 50% in 2015
06/12/2015|7:46:48 AM|
Arrivals by Chinese tourists to Greece increased 70% y-o-y to 100,000 in 2014 and it is estimated to increase 50% more y-o-y in 2015.
Overreliance on Chinese tourism a major concern for Asian destinations
06/11/2015|7:16:12 AM|
Lack of diversity of visitor source markets compared to non-Asian destinations make Asian markets vulnerable to adverse changes in regional tourism.
Outbound travel site Woqu merges with Lulutrip and announces $25 million B+ round
03/21/2017|8:02:53 AM|
Outbound local tour platform Woqu announced that it has merged with Lulutrip, a travel service for overseas Chinese tourists. Meanwhile, it has raised USD 25 million in its series B+ round funding.
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