Search results for “Tourism”
ChinaTravelNews Briefing: Ctrip Car licensed to run, Meituan buys Mobike, Airbnb Plus
04/08/2018|5:49:42 PM|
Ctrip Car gets the nod to run ride-hailing business; Meituan extends its offerings to 320 million annual active users through its Mobike acquisition; and higher fuel cost is affecting the growth of airlines.
Experience operator Gravity Entertainment bags tens of millions of yuan in funding
05/09/2018|2:10:32 PM|
Gravity Entertainment works with real estate companies and tourist attractions to recreate iconic settings from blockbuster movies, games, comics and novels in the real world.
Intelligent homestay provider Ostay secures $1.56 million investment
05/31/2018|2:17:49 PM|
Ostay is cooperating with Airbnb, Ctrip, Tujia and local third-party platforms overseas to offer B2B accommodation for Chinese outbound travelers.
Caissa Touristic cuts private offerings by nearly RMB 800 million
09/29/2016|2:50:39 PM|
Caissa Touristic announced on September 26 that it has lowered its private placement target from the original RMB 8 billion to RMB 7.208 billion.
PMS provider GreenCloud reaps RMB 180 million in B round funding
05/08/2018|8:01:45 AM|
GreenCloud has signed 12,000 clients and has partnered with more than 20 local hotel groups ranked in the top 60 Chinese hotel groups as well as major international hotel brands.
Travel conglomerate OCT to divest interests in two firms for 2.3 billion yuan
04/13/2017|10:15:10 AM|
Theme park and tourism firm OCT Co. plans to divest its stakes of 100% in Taizhou OCT and 60% in OCT Vision. The two deals will be worth RMB 2.3 billion.
Outbound travel from China to Europe expected to rise 10% in 2017
04/12/2017|1:55:15 PM|
Europe received 5.13 million visitor arrivals from China in 2016, up by 6.3% YoY. The arrivals number is expected to grow 10% to 5.5 million this year.
Chinese star-rated hotels record 60.58% occupancy rate
01/22/2018|9:38:30 AM|
Some 10,065 star-rated hotels in China reported totaled operating incomes of 53.808 billion yuan in the third quarter of 2017, of which 26.242 billion yuan, or 48.77%, was room revenues.
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