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Huazhu ranked 4th globally, Meituan files for IPO, and more in ChinaTravelNews Briefing
07/09/2018
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10:48:48 AM
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AccorHotels’ shareholder Huazhu surpassed IHG in market capitalization as the world’s fourth highest valued hospitality group. Tencent-invested e-commerce and travel firms Meituan and Tongcheng Elong filed for Hong Kong listings.
China's railway system to carry 647 million passengers during summer travel rush
07/03/2018
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11:36:57 AM
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During the 62-day period, passengers in the country will make a total of more than 10 million train journeys every day, reports Chinese news portal China News.
Ctrip-founded insurtech platform 11bee obtains hundreds of millions of yuan
05/30/2018
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10:29:06 AM
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11bee will add rest and rescue services to accident insurance, and add health management services to health insurance, according to Iyiou.com.
ChinaTravelNews Briefing: Ctrip buys stake in Boom Supersonic, Alibaba works with Xiaozhu
05/04/2018
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5:58:05 PM
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Ctrip invested in supersonic airplane developer Boom, launched a travel content platform, and teamed up with AccorHotels; Alibaba partnered with Xiaozhu, and rolled out a new booking portal with Marriott.
Marriott, Alibaba to launch new booking portal
04/19/2018
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9:12:34 AM
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This is the first time that Marriott has created a one-stop booking experience, and it is created exclusively for the Chinese market, since it acquired Starwood Hotels and Resorts in September 2016.
HelloWorld buys Flight Systems as its fifth acquisition since 2017
03/20/2018
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6:15:03 PM
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Since 2017, HelloWorld has acquired cruise data manager the Cruise Factory, wholesaler Seven Seas Cruising, home-based travel agency MTA and most recently Magellan Travel Group.
ChinaTravelNews Briefing: Ctrip Car licensed to run, Meituan buys Mobike, Airbnb Plus
04/08/2018
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5:49:42 PM
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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.
Finland becomes partner destination of ITB China 2018
02/28/2018
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10:34:18 AM
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ITB China has officially selected Finland as the show’s partner destination in 2018.
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