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Chinese OTA Tuniu leads 40 million yuan funding for outdoor event platform Tourye

Travel products booking fees, sports equipment and advertising services are the three major revenue streams for Tourye, and travel product booking revenues make up more than 90% of total.

12/10/2018|3:12:08 PM|ChinaTravelNews

Wanda unveils mid-end hotel brand, Shangri-La ties up with Klook, and more

Visa-free entry to the EU may add €12.5 billion more tourism spending from Chinese visitors every year. Budget airlines in China are actively growing ancillary revenues, while state-owned carriers only provide prepaid seat selection options for international flights.

12/10/2018|11:54:46 AM|ChinaTravelNews

Wanda reinstates its hotel ambition with Wanda Moments brand

Wanda Hotels & Resorts has been heading towards being asset-light following a blockbuster deal in July 2017 that changed its asset portfolio.

12/04/2018|9:05:53 AM|ChinaTravelNews

Booking.com is promoting its home listings while expanding partnerships in China

As one of the largest travel e-commerce companies in the world, Booking.com is playing catch up in homes category by showcasing more homes and apartments than traditional accommodations.

12/02/2018|7:21:30 AM|ChinaTravelNews

Does Zuji’s demise signal the ebbing of HNA’s OTA play?

Zuji is not the first OTA acquired by HNA Group to struggle for survival, as it became apparent that HNA’s ambitious global expansion in recent years made it difficult for the group to build a viable ecosystem.

11/30/2018|5:43:50 PM|ChinaTravelNews

Short-haul tours provider 55 km nets millions of yuan in angel funding round

The company believes the keys to boost sales lie in traffic conversion, product selection and travel safety.

11/29/2018|4:47:29 PM|ChinaTravelNews

China Southern, American Airlines further code-share and frequent flyer cooperation

The two sides plan to expand their cooperation in code-sharing, frequent flyer benefits and lounge access from January 2019, pending approval from local civil aviation authorities.

11/29/2018|8:52:34 AM|ChinaTravelNews

Shangri-La names Blacklane as its first global ride service partner

Blacklane serves more than 300 cities, including 100 in the Asia-Pacific region, and 60 countries.

11/28/2018|3:22:14 PM|Blacklane
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