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Hilton aims for China’s untapped mid-range hotel market with 400 planned openings
11/30/2015|12:31:03 AM|
Hilton plans to open 400 over the next 10 years and increase the number of its Hilton Garden Inns in the China.
eHi makes right moves, achieves bottom line profitability
11/24/2015|3:17:53 PM|
eHi is banking on its mobile infrastructure as well as its association with Ctrip for stepping up the contribution of digital bookings.
China’s online tourism industry gets US$7 billion during first three quarters
11/16/2015|10:38:13 PM|
A total of RMB550.29 billion worth of investments had been injected into China’s tourism industry in the first three quarters of the year.
China Car Experts raises US$120 million in Series A financing
10/12/2015|10:25:30 PM|
Car rental platform China Car Experts has announced it has received US$120 million from Harvest Investment in its A Series financing round.
Game of hotel network expansion – who is winning?
11/12/2015|4:10:54 PM|
Major Chinese hotel chains continue to pursue their expansion plans. HUAZHU Hotels states the roadmap is charted out, featuring a pipeline of 696 hotels.
Shiji takes 75% stake of Horwath HTL for US$10 million
09/18/2015|8:58:09 AM|
Shiji Information Technology (Hong Kong) is acquiring 75% stake of Horwath HTL Asia Pacific from Sextant Investments for US$10 million in cash.
eHi Car ‘s net revenues increase 69.4% y-oy in Q2 2015
08/21/2015|8:54:33 AM|
eHi Car Services, a leading car rentals and car services provider in China, announced its net revenues increased by 69.4% year-over-year to RMB339.9 million.
Camping startup Eluying raises RMB10 million
09/14/2015|11:00:30 PM|
Mobile overseas living platform Eluying revealed that the company has completed the due process for the Pre-A round of investment, totaling RMB10 million from Avior Capital and Initial VC.
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