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China Hotel Alliance officially incorporated
03/22/2016
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11:09:11 AM
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The newly incorporated hotel alliance plans to recruit within three years more than 50 mid-range or high-end hotel groups that have more than 1,500 hotels in the country.
Qatar Air increases its stake in British Airways owner IAG
04/28/2016
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4:03:28 PM
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Qatar Airways Ltd. lifted its stake in British Airways owner IAG SA close to 12 percent. Willie Walsh, CEO of IAG, said in February that the Qatar Air partnership could expand joint purchases, add to code-sharing arrangements and coordinate cargo units.
Lola, a travel concierge startup, closes its $19.7 million Series A
04/06/2016
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12:23:32 PM
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On March 5th, the Boston-based company Lola said it has closed a $19.7 million Series A round. The company will launch a mobile app that aspires to be an on-demand personal travel service that can plan, book, and manage travel for consumers.
Chinese OTAs hit by turbulence as airlines tighten scrutiny
04/06/2016
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11:30:25 AM
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Chinese online travel agents hit by turbulence as airlines tighten scrutiny
BTG Hotel, Alitrip and Shiji initiate hotel alliance joint venture
04/01/2016
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10:13:41 PM
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BTG Hotel announced that it had set up a joint venture with Alitrip and Shiji Information to form a hotel alliance brand and provide free full-content e-commerce services to the alliance’s hotel members.
Ascott JV launches new brand in China, partnering with Tujia
03/21/2016
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11:10:55 AM
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Newly unveiled Tujia Somerset brand receives strong support with more than 1,000 units across six properties in China signed up.
Uber of private jets raises funds from Saudi Royal Family
02/23/2016
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1:15:34 PM
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JetSmarter online service gets $26.1 million to expand and Jay-Z among backers as jet sharing taps well-heeled clients.
UTour makes strategic investment in short-haul travel platform Yaochufa
01/14/2016
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4:33:23 PM
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UTour has made a strategic investment in short-haul travel OTA Yaochufa to form a partnership linking loyalty membership systems, sharing resource and channels.
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