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QuHappy.com completes Pre-A round financing
07/27/2016|9:31:44 AM|
Destination travel product distribution platform QuHappy.com has announced it had completed its Pre-A round financing in May. The investment from venture capital fund owned by Guangdong Technology Venture Capital Group in the round boosted the valuation of QuHappy to above RMB 100 million.
Hainan offshore duty-free policy generates RMB 19 billion sales in five years
04/24/2016|7:58:13 AM|
Since Hainan offshore duty-free policy was implemented five years ago, duty-free stores in Sanya and Haikou have sold around 24.0678 million duty-free goods worth RMB 19.044 billion to about 6.2463 million customers
China Lodging keen on sustaining growth, plus better margin
08/19/2016|5:33:26 PM|
China Lodging Group is optimistic that the key performance metrics would continue to show upward movement buoyed by quality of the product and a diverse brand mix.
Will slowing economic growth kill China’s outbound travel?
09/02/2016|8:31:41 PM|
Five years ago, 90% of booking.com's customers came from China’s top 3 cities, Beijing, Shanghai, Guangzhou. Now they see more and more coming from lower-tier cities.
Can business travel thrive in the sharing economy?
09/02/2016|8:24:14 PM|
China's sharing economy still has a long way to go in terms of trust.
132 international air routes launched in China in Q2, 60% in lower tier cities
07/15/2016|11:10:33 AM|
CAAC approved 132 new international routes operated by local and international carriers, and around 60% of the routes connect with lower tier cities in the country.
Tuniu to expand new services for air ticketing and hotel booking
07/13/2016|11:18:32 AM|
Tuniu's air ticketing and hotel booking businesses both grew rapidly during first half of 2016 as travel customers are visiting the company's platform more frequently.
China Southern to “conditionally” restore third-party agent ticketing
07/11/2016|10:05:18 AM|
China Southern Airlines will allow authorized agents to sell the carrier’s packaged offerings with hotel reservation or other travel contents on third-party platforms.
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