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China’s OTAs net US$14 billion in transactions in Q1 2015
05/18/2015|10:47:22 PM|
China’s OTA market recorded RMB87.5 billion in transactions during the first quarter of 2015 an increase q-o-q of 11.7% and 29.2% y-o-y.
Shenzhen Airlines buys 46 Boeing 737 aircraft for US$4.3 billion
06/05/2015|4:08:01 PM|
Air China’s subsidiary Shenzhen Airlines will purchase 46 B737 series aircraft from Boeing at a base price of US$4.3 billion in an agreement signed on June 3.
Plateno Group aims to have 4,500 7Days hotels by 2018
06/05/2015|9:56:21 AM|
Plateno Group will expand the coverage of its 7Days Inn brand to 4,500 hotels of the brand in all Chinese cities and towns in three years.
Hurun report gives insights on preferences of China’s well-heeled travelers
06/04/2015|7:12:44 AM|
Hurun report on luxury travel reveals that those Chinese luxury travelers who spend over RMB200,000 per capita for a total of 33 days on average in 2014.
China Eastern and Hainan Airline’s Q1 profits skyrocket 862.93% and 427.42%
04/30/2015|10:02:13 AM|
China Eastern Airlines’ operational revenue was RMB22.393 billion and Hainan Airlines reported RMB9.122 billion revenue.
Economy hotel market newcomer Pod Hotel gets a Series C financing round
05/14/2015|5:27:17 PM|
Hangzhou-based Zhuyou Hotel Group’s COO Yangqing Shi said its Pod Hotel has completed a Series C financing round.
eHi eyes a portfolio of comprehensive mobility solutions
06/01/2015|9:18:09 PM|
eHi is currently evaluating its P2P car rental platform, as it becomes clear that car rentals in China aren't fitting into the traditional defintion of the industry.
Joyu Group gets US$80 million investment from Jin Jiang International
06/01/2015|9:14:22 PM|
Joyu Group has received a RMB500 million strategic investment from Jin Jiang International to help it establish the largest one-stop travel O2O group in China.
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