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Alibaba invests in hotel wholesaler; OTA could raise $1.35 billion | Daily Brief
04/07/2021|11:30:58 PM|
Shiji jumps after Ant Group invests $68.6 million in retail system unit; Chinese travel rebounds during holiday while spending still lags.
DidaTravel raises funding from Alibaba, accelerates digitalization and globalization
04/07/2021|7:55:03 AM|
The company said it managed to significantly reduce the pandemic impacts on business and ensure steady development.
OTA rolls out travel marketing hub; Alibaba, Hilton integrate membership | Weekly Review
04/04/2021|11:24:18 PM|
TravelSky net profit plunges 85% in 2020; Tongcheng-Elong acquires a corporate travel firm.
Smart hotel tech firm raises $45.6 million; Chinese are now more open to travel | Daily Brief
03/31/2021|9:38:15 PM|
State-owned travel conglomerate CTII posts 56% drop in revenue; Singapore mulls over launch of air travel bubble with Hong Kong.
Corporate expense management platform Fenbeitong secures $92.5 million from Tencent, Hillhouse
03/19/2021|1:46:34 PM|
The company’ revenue grew 300% annually over 2018-2020.
Amadeus Hospitality data shows recovery signs for China's domestic travel
02/04/2021|11:40:16 AM|
Both corporate and leisure travel are getting back on track in the world's second-largest economy.
Hotel robot maker secures $77 million; Skyscanner finds new CEO | Weekly Review
01/23/2021|10:23:29 PM|
Accor strengthens partnership with Alibaba Fliggy; Sequoia China, Ocean Link to invest in high-end hotel chain.
OTA giant names new chief; Travel group expands destinations | Weekly Review
12/27/2020|5:35:14 PM|
CTS Group buys 34% stake in "micro vacation" resort brand for $23 million; Hotel digital solution provider Lumous closes Series B round.
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