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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.
Chinese outbound travelers estimated to top 117 million in 2014
01/14/2015|6:19:19 PM|
A survey also shows that short-haul destinations were still more popular, though the number of Chinese travelling to Southeast Asia plunged more than 34%
Qunar vies for market share with startups in open platform scheme
01/05/2015|2:50:43 PM|
Qunar is aggressively recruiting startups in a bid to counter strong competition and secure a corner on the market.
China Lodging Group sharpens portfolio strategy, targets network expansion
01/04/2015|2:56:49 PM|
ChinaTravelNews assesses how China Lodging Group is planning to strengthen its network as well as direct sales capability, which currently accounts for 90% of its bookings.
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.
Carpool app Tiantian Yongche raises US$10 million
01/29/2015|8:35:53 AM|
Tiantian Yongche has raised US$10 million in its Series B following a US$3 million Series A funding in June 2014.
Sabre is ready to spend $500M, and Abacus is a likely target
01/29/2015|8:14:35 AM|
Sabre said in a financial filing this week that it was considering an acquisition to the tune of half-a-billion dollars during the next two months.
Ctrip CEO: Travelfusion is first step towards globalization
01/09/2015|4:02:22 PM|
Ctrip's CEO James Liang talks to ChinaTravelNews reporter about the investment in Travelfusion and Ctrip's first step towards globalization.
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