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China Express Airlines becomes first China regional carrier to go public
03/06/2018|10:08:38 AM|
By 2020, China’s regional airlines are expected to receive more than 100 million passengers, growing at twice the rate of major airlines.
Boutique B&B brand Short Stay Technology raises multi-million-dollar financing
03/20/2018|9:18:47 AM|
Short Stay Technology, founded by Qyer former COO, has recently secured millions of dollars in funding. It will further develop housing source to expand in major tourist cities in Japan.
Chinese tourists contribute over one-fifth to global outbound spending
02/27/2018|9:04:38 AM|
In the next decade, about one-fourth of global employment is expected to emerge in the travel industry, with Chinese tourism being the major driving force.
WandTrip wins 8-figure financing to tap alternative home-sharing business
02/06/2018|10:51:50 AM|
WandTrip has won multi-million yuan financing to tap the global alternative accommodation market worth $114.4 billion in 2017, and its compound annual growth rate topped 20% in the past six years.
ChinaTravelNews Briefing: Brand plans, official statistics and capital moves
01/26/2018|11:24:18 AM|
Major brands like Priceline, Marriott, Muji and Ctrip made moves in different directions, and statistics helped paint pictures on China’s corporate travel, tourists’ behavior, and cash injections.
Facebook’s chatbot M is dead. Will travel AI on WeChat thrive?
02/01/2018|10:37:26 AM|
After closing a $3 million funding round, Hong Kong-based chatbot startup TravelFlan enters mainland China market, transitioning from Facebook Messenger to Tencent’s WeChat platform for the Chinese travelers.
China’s Airbnb Tujia acquires Fishtrip for overseas expansion
01/31/2018|4:27:02 PM|
With the addition of Fishtrip, Tujia is now connected to nine online property platforms including Tujia itself, Mayi, Ctrip, eLong, Qunar, 58.com-Ganji, WeChat Hotel and Zhima Credit.
Home-sharing platform Locals receives $24 million for its boutique B&B business
01/23/2018|8:59:42 AM|
This year, Locals will add two additional businesses, namely homeware retail and urban travel, to further tap into consumption deriving from B&B customers.
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