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Ctrip acquires top rail ticket platform Suanya for US$16 million
07/23/2015|2:45:59 PM|
Ctrip announced that it acquired Guangzhou-based rail ticket search engine and booking software Suanya Technologies for about RMB100 million.
Qunar claims to be China’s largest mobile hotel booking platform in Q2 2015
08/06/2015|11:00:44 PM|
Qunar achieved an average of more than 300,000 daily hotel room nights stayed in peak days in the week of July 27th.
Chinese Internet giant Tencent offers OTA eLong going private proposal
08/04/2015|6:44:26 PM|
Tencent is offering US$18 in cash per ADS to buyout top OTA eLong.
Merger speculations ruled out for China’s top carriers
07/31/2015|8:56:34 PM|
Rumors of a merger of China’s top three carriers were laid to rest but the industry continues to speculate the carriers may consolidate their air cargo operations.
Wanda Hotels aims to have 85 luxury hotels in China by year end
08/11/2015|7:45:05 AM|
Wanda Hotels expects to have 85 five-star luxury hotels in China by the end of 2015.
Breaking News: Group-buy site Meituan to acquire Kuxun from Expedia’s Tripadvisor
07/16/2015|9:43:51 PM|
Meituan has confirmed it will acquire full ownership of online travel platform Kuxun from Tripadvisor to step up its hotel coverage and complete its business range.
Wanda Hotels plans to launch mid-high-end Jinhua hotel brand
08/06/2015|4:46:17 PM|
A spokesperson of Wanda Hotels and Resorts has confirmed that the group is planning to launch Jinhua hotel brand, described as a mid-high-end brand.
BTG Hotels Group sets up offshore company for Homeinns privatization
07/22/2015|9:37:49 PM|
BTG Hotels Group announced it will set up two special-purpose companies overseas to conduct its planned privatization of the Homeinns Hotel Group.
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