Search results for “approval system”
China Southern ordered to cut commission by RMB1 billion
05/25/2015|11:07:54 AM|
State-Owned Assets Supervision and Administration Commission required the carrier to lower its agents’ expenses by RMB900 million.
eLong gears up for new avatar, set for sharper focus on lodging
05/22/2015|10:36:34 AM|
eLong has over the years diligently focused on growing its lodging business, crossing 34m-mark room nights at the end of last year. Post the exit of Expedia, eLong is now set for a new chapter.
Tourism IT Fangcang raises almost US$10 million in Series A financing
05/13/2015|10:30:15 AM|
Fangcang has raised RMB60 million in a Series A financing, the third round of investment for Fangcang in two years.
China GDS TravelSky achieves steady growth in 2014
04/08/2015|9:42:40 AM|
China’s national GDS TravelSky reported stable growth in all operations, with gross revenue growing 18.3% to reach RMB5.34 billion.
Overseas chauffeur service Huiwan raises US$3 million in Pre-A Series financing
04/27/2015|9:39:10 AM|
Overseas tourism Chinese-language chauffeur platform Huiwan received a RMB20 million in the Pre-A financing round from New Margin Ventures.
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
Top Chinese hotel IT operator AMTT raises US$32 million
04/16/2015|3:19:41 PM|
This financing round will bring high growth for AMTT, its products and service applications are used in a million hotel rooms in China.
Outdoor specialist Toread invests US$38 million in OTA Eyoutour
03/19/2015|9:47:27 AM|
Chinese outdoor specialist Toread will invest RMB230 million (approx: US$38 million) for 74.56% equity in OTA Eyoutour.
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