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Construction boom continues despite operating losses for 70% of China’s airports
10/29/2015|10:25:04 PM|
Zhejiang province has committed a total of RMB8 billion for airport development 11 cities in the province before 2020.
Alibaba investor Softbank sets up OTA targeting Chinese visitors to Japan
10/29/2015|10:24:32 PM|
Softbank has set up an inbound tourism OTA that will be launched on Alitrip, Chinese ecommerce giant Alibaba’s travel platform, on November 11.
Trying to capitalize on the prowess of data? Move into the cloud
10/29/2015|10:23:41 PM|
In order to make the most of available real-time data, hotels need to dig deeper to set up a cohesive data strategy and requisite infrastructure.
Spring Airlines partners with Sun Frontier to setup hotel JV in Japan
10/29/2015|5:53:42 PM|
Spring Airlines will invest over 20 billion yen in a joint venture with Sun Frontier to develop a network of the “Spring Sunny Hotels” in popular Japanese destinations.
China’s State Council gives go ahead for JV outbound tour operations in Beijing
10/29/2015|5:16:49 PM|
China’s State Council has given the green light to a pilot project that enables qualified Sino-foreign joint venture tour operators in Beijing to conduct outbound tourism.
Online local guide service Koudaidipei raises Series A funding
10/29/2015|12:13:37 PM|
Online travel guide service Koudaidipei has received a multi-million USD investment from an overseas venture capital.
Jin Jiang Hotels acquires Plateno Group for US$1.3 billion
10/29/2015|11:22:43 AM|
Jin Jiang Hotels revealed that its acquisition of a 81.0034% stake in Keystone Lodging Holdings of Plateno Group has been endorsed in the shareholders general meeting.
Ctrip uncontested after merging with Qunar
10/27/2015|10:01:40 AM|
As the final chapter of the bitter rivalry between Ctrip and Qunar ends, the next question to consider is: Who will be the next challenger to an all-powerful Ctrip?
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