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MICE platform Eventown closes B round financing
08/09/2017|11:18:57 PM|
Eventown aims to be a Ctrip for the B2B corporate travel sector.
Wanda Group sells 13 projects, 76 hotels to Sunac for $9.3 billion
07/10/2017|4:14:26 PM|
Chinese conglomerate Dalian Wanda and property developer Sunac China jointly announced on July 10 that Sunac will acquire 13 Wanda cultural tourism projects and 76 Wanda hotels for RMB 63.17 billion (USD 9.3 billion).
Ctrip projects 20 billion yuan in group tour revenue this year
06/30/2017|10:51:10 AM|
Ctrip projected that its group tour business will gross RMB 20 billion this year. Its chairman James Liang said that the company’s sales income from hotels, air tickets, and travel groups will quickly become the highest in the world.
Guangzhou becomes busiest city in the world for Uber
11/03/2015|7:28:47 PM|
Uber expects its turnover in China to exceed that of the US while Guangzhou has recently become Uber’s top city in the world in terms of booking volume.
Chinese tourist arrivals to Europe rise 65% in first half of 2017
07/19/2017|6:52:43 PM|
Chinese tourist arrivals to Europe grew 65% in the first half of 2017. More than half of these tourists were over 50 years old.
Chinese tourists to make 9 million trips to Thailand in 2017
07/18/2017|8:08:26 PM|
Thailand’s tourism authority projected that Chinese tourists will make 9 million trips to the country this year, remaining its biggest source of foreign visitors.
China Lodging, IDG Capital back Chengjia’s $50 million Pre-A round
07/10/2017|6:58:58 PM|
Apartment service platform Chengjia has raised USD 50 million in its series Pre-A round funding, backed by its co-founders China Lodging Group and IDG Capital.
Vanke acquires 36% of a giant tourism project in Yunnan
06/22/2017|11:01:31 AM|
Vanke, a developer known more for its ski resorts than tourism real estates, recently acquired a 36% stake in a large tourism development program in Yunnan.
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