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A glance at upcoming ITB China Conference
04/03/2018|4:50:36 PM|
Leaders to share insights at ITB China Conference include Ctrip chairman James Liang, Phocuswright founder Philip C. Wolf, and executives from China Tourism Academy, Wyndham Hotel Group, Fliggy, Tencent and Meituan.
OCT speculated to invest 1.176 billion yuan in Ctrip-backed Tongcheng-eLong
05/11/2018|6:13:52 PM|
An insider suspects that Wanda is selling part of its stake in Tongcheng-eLong to Overseas Chinese Town (Asia) at an overall valuation of 23 billion yuan.
ChinaTravelNews Briefing: Ctrip Car licensed to run, Meituan buys Mobike, Airbnb Plus
04/08/2018|5:49:42 PM|
Ctrip Car gets the nod to run ride-hailing business; Meituan extends its offerings to 320 million annual active users through its Mobike acquisition; and higher fuel cost is affecting the growth of airlines.
PMS provider GreenCloud reaps RMB 180 million in B round funding
05/08/2018|8:01:45 AM|
GreenCloud has signed 12,000 clients and has partnered with more than 20 local hotel groups ranked in the top 60 Chinese hotel groups as well as major international hotel brands.
Travel conglomerate OCT to divest interests in two firms for 2.3 billion yuan
04/13/2017|10:15:10 AM|
Theme park and tourism firm OCT Co. plans to divest its stakes of 100% in Taizhou OCT and 60% in OCT Vision. The two deals will be worth RMB 2.3 billion.
Outbound travel from China to Europe expected to rise 10% in 2017
04/12/2017|1:55:15 PM|
Europe received 5.13 million visitor arrivals from China in 2016, up by 6.3% YoY. The arrivals number is expected to grow 10% to 5.5 million this year.
China’s hotel consolidator DidaTravel raises $8 million
04/09/2018|8:42:41 AM|
DidaTravel will continue to increase direct procurement of hotel resources, expand overseas sales and domestic offline channels after completion of the current round.
Meituan-Dianping to host speed-dating event at ITB China
04/07/2017|2:58:12 PM|
China’s largest lifestyle service provider Meituan-Dianping will host a speed-dating event at ITB China 2017 to seek potential partnerships with global destinations, travel service and tech providers.
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