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HNA Group closes acquisition of an 82.5% stake in Hahn Airport
08/11/2017|11:54:16 AM|
HNA has completed the transaction of acquiring 82.5% control of German Hahn Airport for €15.1 million on 9th August, after the deal was confirmed in March.
Tongcheng and eLong said to have entered into a new round of strategic cooperation
08/11/2017|11:50:16 AM|
China Travel News has learned that Tongcheng and eLong have entered into a new round of strategic cooperation.
Ctrip records 20 million room nights in July with lower-tier city strategy
08/11/2017|10:13:33 AM|
Thanks to its successful strategy in lower-tier Chinese cities, Ctrip has achieved a record high of 20 million room nights of bookings in July.
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.
Webjet acquires JacTravel to create a global B2B travel giant
08/02/2017|8:07:53 PM|
Australian travel group Webjet announces to acquire UK hotels and inbound tourism provider JacTravel. WebBeds, the B2B platform of Webjet, will become the second largest B2B travel platform worldwide.
Hilton to introduce new brands to China
08/02/2017|4:21:16 PM|
Hilton is planning more than 400 hotels in Asia Pacific and expects to introduce more brands into China, considered a key market in its future strategy.
Tujia’s vacation rental platform VaShare closes Pre-A round financing
07/24/2017|6:53:33 PM|
Vacation-sharing platform VaShare received millions of dollars in its Pre-A round financing. The company has completed two rounds of financing in less than six months, receiving around ten million dollars.
Chinese airlines carry 263 million passengers in first half of 2017
07/19/2017|10:26:22 AM|
China’s airlines carried 263 million passengers in the first half of 2017, up by 13.4%. Total turnover rose 12.5% to 51.34 billion ton-kilometers during the time.
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