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China’s small and medium airports operating at 80% loss
12/03/2015|6:02:11 PM|
CAAC distributed a total of RMB1.211 billion in subsidies to 146 airports. In 2014, 135 small and medium airports received a total of RMB1.079 billion in handouts.
Envoy appointed HitchHiker’s guide to Australasia
12/03/2015|9:44:08 AM|
Envoy Advanced Technologies Pty Ltd has been awarded exclusive distribution rights in Australasia for the high profile HitchHiker flight product suite.
Hotel Urbano’s founders give up majority control
12/02/2015|9:37:44 PM|
The brothers who founded Hotel Urbano, the Brazilian travel startup, have decided to step down.
P2P car rental platform Atzuche raises almost US$47 million in B Series financing
11/30/2015|12:29:40 AM|
Atzuche received RMB300 million in a B Series financing from investors including CPIC, Ivy Capital, Hearst Ventures, Matrix Partners China and Ce Yuan Ventures.
Homeinns optimistic about achieving higher margin revenue contribution
11/10/2015|5:48:42 PM|
The hotel chain continues to be bullish about its hotel development pipeline, as well as its frequent guests program which rose to 47m members in Q3.
Construction boom continues despite operating losses for 70% of China’s airports
10/29/2015|10:25:04 PM|
Zhejiang province has committed a total of RMB8 billion for airport development 11 cities in the province before 2020.
TravelDaily heads Chinese travel industry delegation for ITB Asia debut
10/24/2015|5:27:38 PM|
TravelDaily China led a delegation of Ctrip, Alitrip, Yiqifei and JointWisdom to spak at the ITB Asia conference.
Bus ticket platform 12308 raises US$7.8 million to launch O2O coach service
11/05/2015|5:05:30 PM|
Bus ticketing platform 12308 has received an investment worth RMB50 million from China Transinfo to help its plans to offer O2O long-distance coach service.
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