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New York-listed GreenTree to acquire mid- and up-scale hotel group Argyle
01/28/2019|10:02:02 PM|
The majority of Argyle's properties are located in South West China. Argyle's highly distinguished brand portfolio and geographic coverage are highly complementary to GreenTree's business and expansion plans.
Qunar’s GMV increases 30% to reach USD 37 billion
01/16/2019|12:15:20 PM|
The GMV of Qunar.com has increased about 30% from a year ago and train ticket business continues to increase by 40%.
Mid- to high-end lodging brand SpaceBox nabs $2.95 million input
01/15/2019|4:35:31 PM|
Users can book guest rooms by the hour through MovieBox, LoversBox or GameBox via its WeChat Mini Program.
Chinese vacation rental firm Sweetome launches first project in North America
01/15/2019|3:39:33 PM|
Since its operation in 2011, Sweetome has had over 40,000 vacation rental homes in more than 200 destinations for online booking.
Booking.com is promoting its home listings while expanding partnerships in China
12/02/2018|7:21:30 AM|
As one of the largest travel e-commerce companies in the world, Booking.com is playing catch up in homes category by showcasing more homes and apartments than traditional accommodations.
Does Zuji’s demise signal the ebbing of HNA’s OTA play?
11/30/2018|5:43:50 PM|
Zuji is not the first OTA acquired by HNA Group to struggle for survival, as it became apparent that HNA’s ambitious global expansion in recent years made it difficult for the group to build a viable ecosystem.
China Southern quits SkyTeam, China to become top tourist destination by 2030, and more
11/26/2018|12:09:50 PM|
China issued the first service specification for the home-sharing sector, and Club Med owner Fosun Tourism and Culture approved for listing on the Hong Kong Stock Exchange.
Softbank China leads business travel platform's $14.52 million funding
12/26/2018|4:54:34 PM|
It has concluded negotiations with partners and potential clients in Japan, and anticipates a large-scale expansion in the market next year.
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