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Chinese star-rated hotels generate 57.77 billion yuan in Q4, AOR at 57.71%

Some 9,775 star-rated hotels in China reported totaled operating incomes of 57.77 billion yuan in Q4 2017, of which 25.251 billion yuan, or 43.71%, was room revenues.

03/20/2018|6:37:32 PM|ChinaTravelNews

Boutique B&B brand Short Stay Technology raises multi-million-dollar financing

Short Stay Technology, founded by Qyer former COO, has recently secured millions of dollars in funding. It will further develop housing source to expand in major tourist cities in Japan.

03/20/2018|9:18:47 AM|ChinaTravelNews

Ctrip starts to deliver combined impact of group companies

The online travel group has singled out the performance of its international businesses, along with the contribution from registered users and the growth in lower-tier cities in China.

03/19/2018|7:39:04 PM|ChinaTravelNews

Finland leverages partners’ story-telling for destination marketing in China

The tech-savvy Finland is transforming itself from a traditional travel model to a digital story-telling approach for marketing in China.

03/19/2018|8:00:55 AM|ChinaTravelNews

Travel solution provider TibetJust secures 100 million yuan in angel round

Tibet-bound travel solution provider TibetJust has recently raised RMB 100 million in an angel round of financing, backed by travel platform Zuotoujing.

03/16/2018|4:54:36 PM|ChinaTravelNews

Ctrip's lodging revenue rises 30% to $1.5 billion, transport revenue climbs 38%

Skyscanner's Q4 direct booking revenue nearly doubled year-on-year, and Trip.com achieved triple-digit growth in air ticketing volume.

03/15/2018|10:24:20 AM|ChinaTravelNews

Tujia COO: Collaboration with Airbnb being mooted for synergy

Tujia has seen the possibility to work with Airbnb. “It is quite worthwhile to explore cooperation in shared inventories, room status and even the promotion of the legalization of global B & B business."

03/13/2018|8:22:45 AM|ChinaTravelNews

5% surge in ITB Berlin volume bodes well for global travel industry

ITB Berlin, attended by 110,000 trade visitors and registered 5% increase in business volume, reaffirms its position as the World’s Leading Travel Trade Show.

03/12/2018|3:53:37 PM|ChinaTravelNews
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