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B2B hotel platform Mogu Trip fully acquired by travel service provider Yundijie
04/29/2018|9:06:01 PM|
The acquisition of Mogu Trip will help Yundijie branch out into the international hotel distribution business and further enhance its product supplies to increase competitiveness.
Travelzoo's Q1 revenue rises 9% to $30.9 million
04/26/2018|10:17:56 AM|
Travelzoo announced revenue of USD 30.9 million and operating profit of USD 3.7 million in Q1 2018. "Revenue growth accelerated in all three regions, leading to much stronger earnings," said Travelzoo CEO.
China Southern Airlines stops third-party online check-in services
04/20/2018|4:57:54 PM|
China Southern has demanded third-party platforms to discontinue seat selection and check-in services, but leaves room for potential future cooperation.
ChinaTravelNews Briefing: Tencent vies for railway WiFi service, Meituan denies funding and more
04/20/2018|2:48:41 PM|
Both Tencent and Alibaba are eyeing a stake in Bullet Train Networks, Ctrip joins a consortium in a bid for car rental firm eHi’s privatization, and more in this week’s Briefing.
Ctrip launches travel & lifestyle content platform Hydrogen Balloon
04/20/2018|8:44:05 AM|
The platform can be a realizable asset once it has accumulated a sufficient amount of content.
Hotel giant China Lodging leads funding into shared fitness startup ParkBox
04/19/2018|8:39:58 AM|
In addition to product development, the fund raised will help extend ParkBox capsule gym from communities to China Lodging's hotels, which has 500 hotel projects in the pipeline for the next two years.
92% of APAC customers fail to complete travel booking online
04/18/2018|11:43:08 AM|
Travel agents in the region face the biggest struggle to convert customers with 95.5% of them abandoning their online booking.
Travel firm PKFARE acquires tens of millions of yuan, backed by Caissa Tourism
04/18/2018|8:46:17 AM|
Having won financing from Civil Aviation Investment Fund, Caissa Tourism and CKGSB Chuang Fund, PKFARE will continue to exploit the supply chain and product inventories.
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