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Beijing five-star hotels suffer losses in 2014

04/02/2015|9:47:55 AM|

As hotels are rushing to fill vacancies with leisure travel customers the industry is finally on the path to healthy development.

Vacation booking startup Yueyang Dujia gets multi-million US$ funding

03/11/2015|9:31:17 AM|

Yueyang Dujia has raised a Series A capital investment worth multi-million US dollars from iStart.

Investment in China’s luxury hotels set to slowdown

01/29/2015|10:41:26 AM|

China's star-rated hotels have resorted to voluntarily lowering their star ranking and selling off assets t survive.

China Lodging nabs three Merrylin Hotels

12/11/2014|11:32:07 AM|

China Lodging acquired long-term leasing of the properties and is committing RMB100 million to renovate the three Merrylin hotels for rebranding under its mid-range JI Hotel brand.

Top 20 Chinese travel groups for 2014 announced

12/12/2014|11:05:50 AM|

The Top 20 Chinese Travel Groups Ranking was jointly released by China Tourism Academy and the China Tourism Association on December 11.

DerbySoft Confirms $9 Million Funding from DCM

04/08/2014|11:01:29 PM|

DerbySoft Inc. today announced that it received $9 million in Series D funding from technology-focused venture capital firm DCM through the new DCM Ventures China Fund.

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