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Jinjiang Group acquires Louvre Group in bid to expand to Europe
01/23/2015|3:21:01 PM|
Jinjiang Holdings acquired France’s Louvre Group, estimated at EUR1.25-1.5 billion, and will fully integrate the two hotel groups.
Tourism green paper shows China is powering Asia-Pacific tourism
01/22/2015|3:23:48 PM|
The Asia Pacific region was a key engine for global tourism in 2014 and China in turn was the main driving force of tourism in Asia Pacific .
Thrifty Spring Airlines makes A share IPO
01/21/2015|8:43:48 AM|
Spring Airlines CEO said it did not intend to include strategic or financial investors in the IPO but was willing to let employees share in dividends from company growth.
HotelGG raises US$4.8 million to enhance MICE platform
01/20/2015|6:39:37 PM|
HotelGG, a portal for hotel venue search, price comparison and booking, has raised RMB30 million (approx.: US$4.8 million) in its Series A financing.
Meituan CEO confirms significant fundraising
01/19/2015|9:19:36 AM|
Meituan will face tremendous pressure this year from its rival’s IPO and the challenge of O2O startups carving into Meituan's share in each of its market segments.
Mid-range hotels vital to Starwood’s China expansion
01/13/2015|3:59:21 PM|
Starwood Hotels & Resorts plans to introduce all of its nine brands in China in 2015 with a special focus on the mid-range hotel segment.
Qunar’s customer poaching riddled with “phantom sales”
12/31/2014|2:57:31 PM|
Qunar staff tasked to “poach” hotel customers are airing their frustrations about unscrupulous tactics of the company.
Tujia focused on nurturing and growing vacation rental business in China
12/19/2014|10:25:10 AM|
Melissa Yang, co-founder and CTO, Tujia says the China market is in “early stages” when compared with Europe and the U. S.
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