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China Southern’s commission cut may cause serious repercussions
01/08/2015|4:04:08 PM|
China Southern Airlines cut its agents’ commissions from 2% to 1% possibly sparking a struggle over distribution involving: airlines, agents, and OTAs
CAR Inc’s entry set to realign chauffeur service market
01/08/2015|3:45:56 PM|
CAR Inc has launched an online chauffeur service as one of its 2015 core initiatives, cutting into the market dominated by Didi Taxi, Kuaididache and Yongche.
Didi Taxi, Yongche targets of Beijing crackdown on “illegal taxis”
01/08/2015|9:58:34 AM|
Beijing cracked down on illegal taxis operating in Beijing Airport on January 6 to tackle the proliferation of “clone taxis”.
PMS vendor BeyondHost raises US$10 million
01/07/2015|6:32:24 PM|
Shanghai based PMS BeyondHost raised US$10 million in its Series A financing.
CNTA exerts quality control on outbound travel suppliers
01/07/2015|4:05:16 PM|
CNTA is implementing the “Qualification and Evaluation Criteria for the China Outbound Tourism Quality Service Certification” scheme for overseas suppliers.
Rosedale Hotels makes roundabout acquisition of Lizhou Hotel
01/07/2015|11:21:20 AM|
Rosedale Hotels is negotiating a 51% acquisition of Jinfa Holdings with a HK$75 million loan to its owners to develop Zhuhai Lizhou Resort Hotel.
Club Med plans seven new Chinese resorts after Fosun’s acquisition
01/06/2015|2:55:17 PM|
Club Med plans to add seven resorts in China by 2020 following its sale to Fosun at EUR24.6 per share.
Tempus Global acquires leading Chongqing travel company
01/06/2015|2:16:08 PM|
Tempus Global will inject RMB55 million capital in subsidiary Chongqing Tempus Air Service to acquire 60% holding in Chongqing Xinganxian Travel.
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