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Tuniu trims net loss to $39.9 million in Q2 2017

Tuniu's revenues from packaged tours rose 57.7% to USD 50.1 million in the second quarter. Net loss was further narrowed to USD 39.9 million, compared to net loss of RMB 756.9 million in Q2 2016.

08/17/2017|9:47:28 AM|ChinaTravelNews

Mainland Chinese tourists sought-after having spent $33 billion in US

China continued to reign as a top visitor source market for the US in 2016, as the number of visitors from mainland China grew by 15% to 3 million and their total spending increased by 9% to $33 billion.

08/16/2017|11:09:49 AM|ChinaTravelNews

Homestay management platform “Ebnb” raises RMB 20 million

Ebnb applies its specialized management capabilities to standardize the quality of homestay hardware and service in answer to prevalent issues of C2C homestay platforms.

08/15/2017|11:54:56 AM|ChinaTravelNews

Plateno Group’s Wowqu raises RMB 50 million in Pre-A round

Plateno's apartment rental brand Wowqu announced that it had received RMB 50 million in its Pre-A round financing backed by 58.com, a Chinese classified advertisement website.

08/11/2017|5:56:06 PM|ChinaTravelNews

Ctrip records 20 million room nights in July with lower-tier city strategy

Thanks to its successful strategy in lower-tier Chinese cities, Ctrip has achieved a record high of 20 million room nights of bookings in July.

08/11/2017|10:13:33 AM|ChinaTravelNews

Meituan Travel grosses 18 million room nights of hotel bookings in July

Meituan Travel registered more than 18 million room nights of hotel bookings in a single month in July, an increase of 50% year on year.

08/11/2017|8:06:20 PM|ChinaTravelNews

Shanghai Disneyland receives over 13 million visitors

The Walt Disney Company reported an increase of 12% in its parks and resorts revenue for the third fiscal quarter, to $4.9 billion, and Shanghai Disneyland has received more than 13 million visitors.

08/11/2017|2:29:04 PM|ChinaTravelNews

HNA Group closes acquisition of an 82.5% stake in Hahn Airport

HNA has completed the transaction of acquiring 82.5% control of German Hahn Airport for €15.1 million on 9th August, after the deal was confirmed in March.

08/11/2017|11:54:16 AM|ChinaTravelNews
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