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Atour Hotel receives USD 100 million in C round
12/23/2016|11:07:10 PM|
Atour Hotel announced on December 23 that it has raised USD 100 million in its series C round funding. The round has Legend Capital and Alibaba’s former CEO Zhaoxi Lu as investors.
Expedia will become world's first $100bn travel agency
12/12/2016|4:49:03 PM|
Expedia is on the way to becoming the world’s first $100 billion travel agency, a landmark it will achieve in the next few years, according to its chief executive.
Ctrip buys Skyscanner, reaps $4million net income in Q3
11/24/2016|1:46:43 PM|
Ctrip announces the deal to acquire UK-based travel search site Skyscanner. The company reaped USD 4 million net income in Q3 2016, after previous quarter's net loss with Qunar's consolidated results.
China Lodging Group net income jumps 31.4% in Q3 2016
11/15/2016|12:46:27 PM|
China Lodging Group (Huazhu Hotels Group) reported net income growth of 31.4% to RMB 293.9 million (USD 44.1 million) in Q3 2016.
Priceline reports 150 million room nights booked in Q3
11/07/2016|7:20:32 AM|
Priceline Group‘s third quarter gross travel bookings were USD 18.5 billion, up by 25% YoY. International operations contributed gross profit of USD 3.3 billion, up by 25%.
Smart riding brand SpeedX raises RMB 150 million
11/18/2016|3:58:44 PM|
Beijing-based smart cycling brand SpeedX announced its entry into bike-sharing sector, and an independent brand Bluegogo would be created to help the company expand the market. Meanwhile, SpeedX revealed it has raised RMB 150 million in its series B round.
China investors splashed $9.25b on buying overseas hotels
11/15/2016|1:04:27 PM|
China’s investors have splashed USD 9.25 billion snapping up hotels and accommodation worldwide in 17 deals so far this year.
World’s first smart suitcase enters China
10/24/2016|1:46:53 PM|
ChinaTravelNews talks exclusively with Diego Saez Gil, Bluesmart Inc.’s CEO on the smart suitcase industry and what it takes to enter the burgeoning Chinese travel market.
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