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Jin Jiang Hotels in major asset restructuring and joint investment with Plateno Group
08/27/2015|6:07:23 PM|
Shanghai-based Jin Jiang Hotels Group has announced it is making cash-based acquisitions of compatible hotel assets from third parties in a major restructuring.
Panoramic photography startup WeiPano Beta gets US$7.8 million investment
12/07/2015|5:58:17 PM|
Weijing Tianxia, a developer of 360-degree panoramic photography technology, has raised RMB50 million in funding to further develop its niche in the tourism industry.
Chinese spend over US$11.7 billion in Japan in 2015
12/07/2015|5:57:22 PM|
Over four million Chinese visited Japan in the first 10 months of 2015, according to the Japan National Tourism Organization’s latest data.
Chinese government to permit more duty-free stores openings
12/07/2015|5:56:34 PM|
More duty free stores will be opened in China to offer Chinese shoppers’ greater access to imported goods and open up import channels to satisfy demand.
Emei Mountain Tourism invests US$3 million to set up smart tourism subsidiary
12/07/2015|5:50:47 PM|
Emei Mountain Tourism will set up a wholly-owned subsidiary Emei Mountain Global Smart Tourism Cultural Co, with registered capital of RMB20 million.
Qunar files anti-trust report against Ctrip’s acquisition of eLong with MOC
08/10/2015|11:15:17 AM|
Qunar has accusing its arch rival Ctrip of breaching Anti-Monopoly Law and the State’s declaration threshold guidelines in its acquisition of eLong.
eLong sets up special committee to evaluate Tencent’s privatization offer
08/14/2015|3:12:11 PM|
eLong has formed a special committee of three independent directors – May Wu, Shengli Wang and Adam J. Zhao – to evaluate the privatization from Tencent.
Spring Airlines to raise US$703 million in private offering to expand fleet
12/04/2015|5:59:16 PM|
Spring Airlines announced its application for a private offering of A shares has been approved by the China Securities Regulatory Commission.
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