Search results for “2015”
EQT to create new European tourism group with Kuoni takeover
02/12/2016|12:54:05 AM|
Swedish private equity firm EQT aims to create a new European tourism group with the agreed takeover of Kuoni and possible purchase of TUI's Hotelbeds unit.
Tuniu Announces Strategies for Hotel Booking, Themed Tours, and Air Ticketing
01/22/2016|11:19:00 PM|
New Initiatives to Cement Tuniu’s Position as One-Stop Platform for Chinese Leisure Travellers.
Lackluster results for hotels in secondary Chinese cities while top-tier hotels show growth
01/08/2016|6:37:41 PM|
China’s hotels showed signs of recovery in occupancy rates in 2015，and demand for hotel accommodation will find support from tourism development, Savills reported.
Joyu Group captures RMB 800 million funding to kickstart crossover of drama IP with travel and internet
02/05/2016|6:44:01 PM|
Joyu Group has gained RMB 800 million funding from a group of investors including Huace Film & TV on February 4. The deal will kickstart a new era for crossover collaboration between China’s movie and tv show giants and tourism destination operators.
Expedia sees a bright future in China
02/01/2016|11:41:47 AM|
Expedia has a two-fold approach for each and every market. Firstly, building own brands organically and secondly, partnering with strong local brands. Currently,the company is looking at optimizing marketing mix, looking at new payment options other than Alipay and also sharpening hotel content via contracting as well as tie-ups with local OTAs.
Uber extends footprints to 18 Chinese cities
01/29/2016|11:44:23 AM|
Uber China will cover a larger part of the China market and extend its footprints from 37 cities to 55 cities by the end of next month.
Foreign OTAs – can they challenge the likes of Ctrip and Qunar?
01/29/2016|10:02:43 AM|
Domestic OTAs have been engaged in a cut-throat battle over the past few years. Foreign OTAs have room for growth, but they need to move assiduously.
Didi Kuaidi teams up with China Merchants Bank for mobile payment and strategic funding
01/28/2016|11:46:27 AM|
Didi has formed a strategic partnership with China Merchants Bank, enabling the 14 million Didi drivers to obtain loans from CMB. CMB will also make a strategic investment of an undisclosed sum in Didi.
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