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Sages Hotel Group raises US$4.8 million
02/06/2015|4:40:07 PM|
The Sages Hotel Group received a joint investment of RMB30 million from Time Warner Capital and Shanghai Xianyi Capital
Ctrip expands coverage of new O2O travel shopping service
02/05/2015|10:14:41 AM|
Ctrip launched a travel shopping platform “Youyigou” to facilitate shopping in a wider range of travel destinations including domestic destinations.
Yongche, Chery and Botai to jointly develop smart electric vehicle for car sharing
02/04/2015|10:13:08 AM|
Yongche, Chery Automobile and Botai Group will pioneer a key-free smart electric car model, “eChery” by iVokaOS, available for car sharing within two years.
Beijing Tourism appoints Travelport for promotion
02/03/2015|4:38:29 PM|
Travelport announces a new marketing partnership with Beijing Tourism to promote Beijing as a stopover destination in Asia.
Spring Airlines’ international ambition takes flight after IPO
02/03/2015|10:27:50 AM|
Spring Airlines CEO Zhenghua Wang harbors big plans to expand far beyond Asia, aiming to make his budget airline as successful as US giant Southwestern Airlines.
Investment in China’s luxury hotels set to slowdown
01/29/2015|10:41:26 AM|
China's star-rated hotels have resorted to voluntarily lowering their star ranking and selling off assets t survive.
Baillie Gifford invests US$200 million in Ctrip equity
01/29/2015|10:40:36 AM|
Baillie Gifford recently increased its Ctrip equity by around one million shares.
Hotels in China need to embrace cloud based offerings in distribution technology
01/19/2015|8:47:30 AM|
The mindset of hoteliers in China is changing towards integrated solutions with one source of data flowing in real time between systems improving distribution efficiency and enhancing the guest experience through the booking process.
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