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Ctrip mulling Tuniu acquisition to launch and list JV
11/20/2015|5:32:36 PM|
Ctrip is said to be considering integrating its new leisure travel business unit with Tuniu and may even list it as an independent entity.
Ascott and Tujia form JV to launch budget-friendly serviced apartment brand
11/19/2015|12:27:22 PM|
Ascott with partner with China’s largest accommodation booking platform Tujia to launch a budget-friendly tourism accommodation brand in the first quarter of 2016.
Cycling app Voyager gets multi-million RMB A Series financing
11/19/2015|11:10:10 AM|
Cycling app Voyager has completed a multi-million RMB Series A financing with investments from Hushan Capital and Yinxingu Capital.
Ctrip’s CEO denies ousting Qunar chief
11/18/2015|10:30:36 PM|
“James Liang and CC Zhuang are both top dogs in the travel industry. With Mr. Liang joining Qunar’s board, it would be difficult for Mr. Zhuang to work under Mr Liang,”
Spring Airlines partners with Sun Frontier to setup hotel JV in Japan
10/29/2015|5:53:42 PM|
Spring Airlines will invest over 20 billion yen in a joint venture with Sun Frontier to develop a network of the “Spring Sunny Hotels” in popular Japanese destinations.
China’s online tourism industry gets US$7 billion during first three quarters
11/16/2015|10:38:13 PM|
A total of RMB550.29 billion worth of investments had been injected into China’s tourism industry in the first three quarters of the year.
Ctrip uncontested after merging with Qunar
10/27/2015|10:01:40 AM|
As the final chapter of the bitter rivalry between Ctrip and Qunar ends, the next question to consider is: Who will be the next challenger to an all-powerful Ctrip?
Travel companies eye digital wallets to streamline mobile checkout
10/15/2015|3:24:16 PM|
More and more travel companies are looking at alternative form of payments (AFPs) such as Alipay, offering Chinese consumers a diverse set of payment options.
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