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Indoor sports theme park Hi-Fun bags RMB 50 million in a strategic financing round

This round of financing will be used to expand its offline stores and strengthen its product range.

05/06/2019|11:06:00 AM|ChinaTravelNews

Ctrip to be MakeMyTrip’s largest stakeholder via share exchange with Tencent investor

Naspers will own 5.6% of Ctrip, and Ctrip with a third-party investment entity will own ordinary shares and class B shares of MakeMyTrip, representing 49.0% and 4.0% of the India OTA's total voting power.

04/26/2019|7:22:02 PM|ChinaTravelNews

ITB China Startup Award 2019 announces finalists

Pitches & ceremony to take place on the afternoon of 16 May in the Conference Area – Promising startups of all sizes and sectors could apply – winner rewarded with booth at ITB China 2020.

04/24/2019|5:19:36 PM|ITB China

Huazhu launches shared booking platform Yisu for independent hotels

In the first year of its operation in 2019, Yisu will provide direct sales channels to soft brand stores and it will charge no commissions as its goal is not to make a short-term profit.

04/23/2019|4:59:28 PM|ChinaTravelNews

Accor Hotels holds 10.2% and Ctrip holds 7.5% equity of Huazhu

As of December 31, 2018, Huazhu operated 4,230 hotels in China with hotel network covered 403 cities in 32 provinces and municipalities across China.

04/22/2019|6:10:46 PM|ChinaTravelNews

Guiddoo set to introduce new domain to woo travel agents in China

The launch of Guiddoocn.com in the next couple of weeks will deliver 5,000-plus excursions at destinations for booking by small and medium travel agents across China.

04/21/2019|1:50:53 PM|ChinaTravelNews

SAP Concur launches new development center in Shanghai

It will strengthen SAP Concur solution capabilities in mobile, Fapiao, central billing, and payments which will enhance customer experience in China.

04/18/2019|1:11:13 PM|SAP Concur

Travelport, Hong Kong International Airport to promote multi-modal transport services

The technology allows overseas travel buyers – such as travel agencies and travel management companies – to pre-book the airport’s multi-modal transport services for their customers in 18 markets from across the world.

04/17/2019|12:08:56 PM|Travelport
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