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Xiaoluoquzu raises US$5 million in A Series financing round led by Lightspeed CP
08/12/2015|6:35:53 PM|
Xiaoluoquzu raised US$5 million in its A Series financing round, with Lightspeed China Partners as the lead investor and Tujia taking part.
Conference venue platform HotelGG raises US$20 million in Series B financing
08/18/2015|6:13:13 PM|
Conference venue search and booking platform HotelGG raised US$20 million in its B Series financing round from - Matrix Partners China, Chengwei Capital and SIG China.
Wanda calls out Disney to vie for global dominance in tourism attractions
07/24/2015|2:42:31 PM|
Wanda chairman Jianlin Wang has bared his ambition to dethrone Walt Disney Co. by achieving 200 million visits and becoming the “world’s largest tourism company”.
Huazhu Hotels reports 85% occupancy and 207 new hotels in Q2 2015 report
08/18/2015|10:31:38 AM|
China Lodging Group added 207 hotels had 85.8% occupancy rate while net revenues increased 16.9% to RMB1.46 billion in Q2 2015.
Online travel company Golden Century nets US$11.6 million from Tongda Chemical
07/15/2015|9:56:55 AM|
Golden Century will receive RMB72 million investment from Tongda Chemical which will hold a 13.04% stake in the former.
BTG Hotels Group sets up offshore company for Homeinns privatization
07/22/2015|9:37:49 PM|
BTG Hotels Group announced it will set up two special-purpose companies overseas to conduct its planned privatization of the Homeinns Hotel Group.
HNA Group seeks to expand its Europe footprint by acquiring Swissport
07/17/2015|9:42:23 PM|
Swissport parent company PAI Partners is considering an IPO or sale to a buyer like HNA Group. If listed,Swissport could trade for up to US$3.5 billion.
TripAdvisor nests in China
07/27/2015|2:40:48 PM|
ChinaTravelNews chats with Lily Cheng, President of TripAdvisor APAC, about the Chinese travel market and TripAdvisor’s initiatives in the country.
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