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B&B brand Sweetome begins independent operation backed by Poly Capital
03/29/2018|8:41:42 AM|
Customized B&B brand Sweetome Group has announced its core strategy of “sharing accommodation” and the completion of a new round of financing backed by real estate conglomerate Poly Capital.
Hotelbeds sells destination management unit to TUI for €110 million
03/28/2018|6:00:58 PM|
Following the integration of Tourico Holidays and GTA, there are now over 170,000 hotels selling to over 60,000 travel intermediaries globally via Hotelbeds' proprietary B2B platform.
ChinaTravelNews Briefing: Ctrip ends cruise venture, China merges culture-travel offices
03/24/2018|9:55:47 AM|
Ctrip, Royal Caribbean Cruises announced to end their joint venture; China planned to merge culture and tourism authorities; Tujia hoped to work with Airbnb; and B&B and e-guide startups raised capital.
Smart tour guide operator Lvji brings in 120 million yuan in B round
03/21/2018|9:01:07 AM|
Smart tour guide operator Lvji has received 120 million yuan in financing, which will be used to integrate resources.
Chinese star-rated hotels generate 57.77 billion yuan in Q4, AOR at 57.71%
03/20/2018|6:37:32 PM|
Some 9,775 star-rated hotels in China reported totaled operating incomes of 57.77 billion yuan in Q4 2017, of which 25.251 billion yuan, or 43.71%, was room revenues.
Boutique B&B brand Short Stay Technology raises multi-million-dollar financing
03/20/2018|9:18:47 AM|
Short Stay Technology, founded by Qyer former COO, has recently secured millions of dollars in funding. It will further develop housing source to expand in major tourist cities in Japan.
Ctrip starts to deliver combined impact of group companies
03/19/2018|7:39:04 PM|
The online travel group has singled out the performance of its international businesses, along with the contribution from registered users and the growth in lower-tier cities in China.
Finland leverages partners’ story-telling for destination marketing in China
03/19/2018|8:00:55 AM|
The tech-savvy Finland is transforming itself from a traditional travel model to a digital story-telling approach for marketing in China.
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