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Homeinns merges with BTG Hotels Group
12/08/2015|5:55:02 PM|
Homeinns Hotel Group announced that it has entered into a definitive Agreement and Plan of Merger with BTG Hotels Group.
Louvre Hotels Group acquires Nordic Hotels AG portfolio
12/08/2015|5:54:03 PM|
The agreement comprises the acquisition of 25 hotels in 11 German cities for a total capacity of 1,816 rooms. It also includes a management platform based in Kiel.
China outbound travel surges to 120 million trips with strong demand for shopping
12/08/2015|5:53:12 PM|
China is world’s largest outbound travel market for the third year runnning, as the growth rate for outbound travel volume is expected to reach 16% this year.
Custom travel platform Uthing raising RMB100 million
12/08/2015|5:48:58 PM|
Customized travel platform Uthing has completed a B Series financing and raised funding to the tune of RMB100 million.
Carving a niche for a mobile app in a fragmented business category
12/07/2015|6:04:26 PM|
eHi shares why its current share of digital bookings stands out, especially the ones coming from its mobile app.
Panoramic photography startup WeiPano Beta gets US$7.8 million investment
12/07/2015|5:58:17 PM|
Weijing Tianxia, a developer of 360-degree panoramic photography technology, has raised RMB50 million in funding to further develop its niche in the tourism industry.
Chinese spend over US$11.7 billion in Japan in 2015
12/07/2015|5:57:22 PM|
Over four million Chinese visited Japan in the first 10 months of 2015, according to the Japan National Tourism Organization’s latest data.
Chinese government to permit more duty-free stores openings
12/07/2015|5:56:34 PM|
More duty free stores will be opened in China to offer Chinese shoppers’ greater access to imported goods and open up import channels to satisfy demand.
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