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Travel group LN Holdings acquires two tour operators to expand destination network

Travel group LN Holdings acquires two tour operators to expand destination network

Last month, Guangzhilv announced that it will acquire Shanghai Shenshen International Travel Service to set up its eastern destination-service system.

12/23/2020|11:50:54 PM|ChinaTravelNews
Upscale hotel group New Century invests in business hotel Hanyue

Upscale hotel group New Century invests in business hotel Hanyue

Other than the capital investment, the two companies vowed to strengthen their cooperation in product, technology, membership, central reservation and platform construction.

12/23/2020|11:14:27 PM|ChinaTravelNews
Hot and not in travel startup funding during pandemic-stricken 2020

Hot and not in travel startup funding during pandemic-stricken 2020

The private accommodation segment will continue to thrive, with more funding likely to be ploughed into startups in the space.

12/23/2020|6:28:25 PM|Phocuswire
China Eastern works with Juneyao Airlines, China Telecom to offer in-flight Wi-Fi

China Eastern works with Juneyao Airlines, China Telecom to offer in-flight Wi-Fi

Ever since the Civil Aviation Administration of China eased the restrictions on in-flight portable electronic devices in 2018, 506 aircraft operated by 19 airlines have introduced in-flight Wi-Fi services.

12/22/2020|2:59:28 PM|China Daily
Construction of China’s first Legoland park is underway

Construction of China’s first Legoland park is underway

Other than the Sichuan park and the Shanghai park in plan, Merlin is also in talks with other partners across China to open even more resorts in the future.

12/22/2020|2:42:24 PM|Brickfanatics
Chinese carrier eyes Etihad’s Air Serbia stake

Chinese carrier eyes Etihad’s Air Serbia stake

Chinese state-owned company is prepared to take over a 49% stake in a troubled Serbian company.

12/17/2020|4:53:11 PM|Exyuaviation
Platinum Equity to buy Ingram Micro from HNA Group in $7.2 billion deal

Platinum Equity to buy Ingram Micro from HNA Group in $7.2 billion deal

The sale will help HNA Technology, a listed arm of the group, to repay the principal and interest on M&A loans and related debt.

12/11/2020|10:53:03 PM|Reuters
Vaccine offers hope for hard-hit early-stage travel startups

Vaccine offers hope for hard-hit early-stage travel startups

How much investment flows back into travel and hospitality startups next year will depend in large part on how much people trust and take the vaccine.

12/10/2020|5:34:12 PM|Crunchbase
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