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Lifestyle hotel brand seeks IPO; China to approve 1st foreign vaccine by July | Daily Brief
04/19/2021|10:53:17 PM|
Hong Kong, Macau tightens flight ban, quarantine rule to fight mutant strain; Hong Kong, Singapore target mid-May for travel bubble deal.
Lifestyle hotel brand Atour reportedly plans $300m US IPO
04/19/2021|3:57:18 PM|
The company was backed by Legend Capital and Alibaba’s former CEO Mr. Zhaoxi Lu in previous funding round.
Expense management startup raises $92.5M; Canton Fair stays virtual in April | Daily Brief
03/19/2021|10:30:06 PM|
Visa rules relaxed for Chinese vaccine recipient in 26 countries; Cologne uses WeChat to attract Chinese tourists.
Smart hotel solution provider Xiezhu receives USD 45.6 million in Series B financing
03/31/2021|12:17:21 PM|
The proceeds will be used for product R&D, market expansion and customer service.
Club Med parent plans multi-brand offline expansion post-pandemic
03/24/2021|8:42:27 PM|
By 2023, Fosun Tourism plans to open 16 new Club Med resorts, half of which will be located in China.
Hotel membership operator OTM secures RMB 40 million in an angel round
03/16/2021|5:20:49 PM|
OTM has established cooperation with more than 500 hotels since December 2020.
China climbs in travel freedom rankings; Corporate travel startup Z-Trip raises $14M | Daily Brief
04/16/2021|11:23:08 PM|
Upscale hotel group New Century starts procedures of delisting; SIA, Scoot to stop carrying transit passengers to Hong Kong when flight suspensions lift.
Hotel membership operator raises fund; expense management startup invested by Tencent | Weekly Review
03/21/2021|1:46:52 PM|
Trip.com Group counts Baidu as top investor, overseas revenue drops significantly; China asks visa applicants to get inoculated with Chinese-made vaccines.
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