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Destination booking service Klook closes $30 million round led by Sequoia

Travel experience reservation platform Klook announced on March 2 that it has raised USD 30 million in its B round funding, which had Sequoia Capital China as lead investor.

03/03/2017|11:57:18 AM|ChinaTravelNews

OpenJaw signs up Cathay Pacific as NDC partner and partners with IATA

OpenJaw has become Cathay Pacific Airways' NDC partner and an NDC and ONE Order Strategic Partner, having achieved Level 3 NDC capability certification - the highest level of NDC certification offered by IATA.

03/02/2017|3:02:03 PM|ChinaTravelNews

Building the bridge between East and West - ITB China 2017 kicks off with exclusive preview

“Building the bridge between East and West”, an exclusive ITB China preview event with more than 60 journalists from China and 15 other countries kicked off today at the Jin Jiang Tower in Shanghai.

03/02/2017|3:26:27 PM|ChinaTravelNews

Qunar exits from NASDAQ, becomes subsidiary of a private firm

Qunar announced to delist its ADSs on NASDAQ and become a wholly owned subsidiary of Ocean Management.

03/01/2017|9:40:59 AM|ChinaTravelNews

Tuniu posts $2.9 billion total travel GMV in 2016

Tuniu reported a 66.0% rise in total travel GMV to RMB20.0 billion (USD 2.9 billion) in 2016, according to its unaudited financial results for the fourth quarter and full year of 2016.

03/01/2017|10:22:55 AM|ChinaTravelNews

China’s airports break 1 billion mark for annual passenger throughput

The passenger throughput of airports in China topped 1 billion in 2016 for the first time, up by 11.1% YoY. The Passenger volume of international flights rose 19.3% YoY to more than 100 million in the year.

02/28/2017|1:59:41 PM|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

Focus on China – Brought to You by TravelDaily China

TravelDaily China will present insights on China in ITB Berlin.

02/27/2017|9:36:02 AM|ChinaTravelNews
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