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ChinaTravelNews Briefing: Booking’s reinvention, Mafengwo’s funding and more

12/25/2017|3:07:29 PM|

We join the dots of the events that took place in the past two weeks to offer insights into the Chinese tourists, travel startup funding rounds, major OTAs and internet giants’ technology solutions in China.

Chinese outbound tourists increase 5% to 62.03 million in H1 2017

08/04/2017|11:28:49 PM|

China remains the world’s largest outbound tourism source market following a 5% increase year on year in the number of Chinese outbound tourists to 62.03 million in the first half of 2017.

Destination booking service Klook closes $30 million round led by Sequoia

03/03/2017|11:57:18 AM|

Travel experience reservation platform Klook announced on March 2 that it has raised USD 30 million in its B round funding, which had Sequoia Capital China as lead investor.

Sino-Australia travel peak leads to more direct routes in lower-tier market

09/28/2016|9:16:29 AM|

Chinese carriers are seeking to launch more non-stop services between Australia and lower-tier Chinese cities, as demand is booming while air rights in top-tier cities are tight.

Shenzhen Airport gets US$1.76 billion for expansion in bid to become international hub

11/04/2015|2:18:04 PM|

Shenzhen Airport plans to double international routes and expects its passenger throughput on international and regional routes to exceed 5.5 million trips by 2020.

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