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China plans to relax private investment limit on state-own airlines
07/06/2017|10:25:16 AM|
Chinese aviation authority CAAC issued a consultation paper proposing state carriers Air China, China Eastern and China Southern be allowed to have a relative control other than absolute control in the state ownership structure.
Tongcheng Tourism plans to invest in Hongtu Airlines
07/05/2017|9:44:26 AM|
Tongcheng Tourism is said to eye a strategic investment in Hongtu Airlines, as China’s OTAs seek to extend on supply and demand sides to gain customers and build their own core advantages by providing a full range of services.
Chinese tourist arrivals to Europe rise 65% in first half of 2017
07/19/2017|6:52:43 PM|
Chinese tourist arrivals to Europe grew 65% in the first half of 2017. More than half of these tourists were over 50 years old.
Travelport enables instant mobile hotel-booking for disrupted air passengers
07/18/2017|2:23:34 PM|
Travelport's new technology lets passengers use mobile devices to instantly select and book hotel rooms when flights are cancelled or delayed.
AR tour navigation startup Qiantech closes Pre-A round
06/20/2017|2:30:17 PM|
AR navigation startup Qiantech announced on June 19 that the company has raised millions of yuan in its series Pre-A round funding.
Tour guide app Lvji receives 25 million yuan in A round
07/12/2017|11:27:32 AM|
Tour guide app service provider Lvji announced that it has raised RMB 25 million in its A round funding. The round had QF Capital as lead investor and also involved Beijing Jizhi Tech.
Vanke acquires 36% of a giant tourism project in Yunnan
06/22/2017|11:01:31 AM|
Vanke, a developer known more for its ski resorts than tourism real estates, recently acquired a 36% stake in a large tourism development program in Yunnan.
OCT Group to splurge 238 billion yuan in “cultural tourism and urbanization” of Xi’an
06/22/2017|10:19:44 AM|
OCT Group has signed a 238 billion yuan strategic tie-up with Xi’an Municipal Government to bring its “cultural tourism and urbanization” model to the ancient city.
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