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China Lodging completes acquisition of Crystal Orange Hotel
05/31/2017|11:12:22 AM|
China Lodging Group (Huazhu Hotels) announced that it has closed the acquisition of Crystal Orange Hotels for RMB 3.65 billion (USD 540 million).
Theme tour platform Goutrip raises 30 million yuan in Pre-A round
05/27/2017|11:56:12 AM|
Theme tour service platform Goutrip announced that it has raised RMB 30 million in its series Pre-A round. The firm offers trips on diving, photography, surfing, self-driving and family tours.
Tuniu cuts net loss to 41.7 million dollars in Q1 2017
05/26/2017|9:40:33 PM|
Tuniu trimmed its net loss to RMB 287.4 million (USD 41.7 million) in Q1 2017 from RMB 538.5 million in Q1 2016 by "improving operational efficiency and realizing economies of scale."
Chinese tourist arrivals to Thailand drop 7.5% in first 4 months
05/24/2017|4:02:10 PM|
Mainland Chinese tourists made 7.5% fewer trips to Thailand in January to April this year. But they still ranked as the country’s largest source of overseas tourists and tourism revenue.
Hotelbeds confirms Thailand as top Asian destination, chooses Bangkok for first MarketHub Asia event
05/24/2017|8:36:11 AM|
Hotelbeds Group, a global bedbank giant and business-to-business travel service provider, announced that its Hotelbeds brand has chosen Bangkok, Thailand as the host destination for the first edition of Hotelbeds MarketHub Asia.
Meituan-Dianping launches travel unit
05/23/2017|2:04:07 PM|
Meituan-Dianping, China’s largest group-deal platform, launched of Meituan Travel, a new travel unit offering accommodation, domestic travel, outbound travel, and transportation.
Anantara Vacation Club selects Ingenico ePayments as solution provider
05/15/2017|5:48:30 PM|
Ingenico ePayments announced that it has signed an agreement with shared vacation ownership program Anantara Vacation Club, to provide online payment acceptance and processing.
Chinese airlines carry 488 million air passengers in 2016
05/11/2017|11:38:56 AM|
China’s airlines carried 436.34 million passengers on domestic routes in 2016, up by 10.7% YoY. Passengers on international routes rose 22.7% to 51.62 million last year.
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