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Lifestyle vacation provider Tsingpu closes A round, invests in Blossom Hill

Lifestyle vacation provider Tsingpu Travel announced that it has raised RMB 200 million in its A-round financing and become a major stakeholder of boutique lodging brand Blossom Hill through a strategic investment.

03/21/2017|12:22:37 PM|ChinaTravelNews

Hilton plans to multiply its hotels in China

Hilton will see a substantial increase in hotel properties in China in the next few years, as it is currently developing 234 hotels on top of the more than 90 hotels in operation in the country.

03/20/2017|10:26:58 AM|ChinaTravelNews

China Lodging Group's net revenues rise 13.2% in 2016

China Lodging Group (Huazhu Hotels) reported net revenues of RMB 6,538.6 million (USD 941.8 million) in 2016, up by 13.2% YoY, in line with the guidance previously announced.

03/15/2017|6:18:37 PM|ChinaTravelNews

Orient Victory China buys 78% stake in Japanese hotel firm Nibou

Orient Victory China Holdings will buy a 78% stake in Nibou Company Limited, a Japanese hotel company, for JPY 103,740,000 (USD 903,163).

03/14/2017|2:02:41 PM|ChinaTravelNews

Key to being customer-centric: Count on cloud + data + API

A guest or a consumer doesn’t differentiate between “experiences” coming from a retail brand or a hotel property. So hotel companies need to focus on customer-centricity in the complex world of accommodation shopping.

03/07/2017|8:57:27 AM|ChinaTravelNews

China Lodging Group buys Crystal Orange Hotel for $540 million

China Lodging Group (Huazhu Hotels) announced an agreement to buy 100% stake in boutique hotel operator Crystal Orange for RMB 3.65 billion (USD 540 million).

02/27/2017|9:39:22 AM|ChinaTravelNews

Hotel distribution firm HaoQiao raises RMB 120 million

International hotel distribution company HaoQiao.cn announced that it has received RMB 120 million in its latest round backed by National Small- and Medium-sized Enterprises Fund and China Merchants Capital.

02/21/2017|1:35:35 PM|ChinaTravelNews

Meituan-Dianping launches overseas lodging service

Chinese group-deal platform Meituan-Dianping announced that the company has rolled out overseas accommodation service on its two major apps, offering over 120,000 overseas properties for booking, of which 25% are high-rated hotels.

02/15/2017|9:14:24 AM|ChinaTravelNews
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