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Tuniu sets up commercial factoring firms to boost capital support for industry
09/17/2015|3:32:14 PM|
Tuniu became the first OTA stepping into the tourism factoring field as it announced on September 16 that it has been approved to establish two commercial factoring companies with an investment of RMB1.3 billion.
Pioneer Global to buy Intercontinental HK in US$938 million deal
09/10/2015|4:04:16 PM|
Pioneer Global will join hands with Gateway Capital to invest US$938 million to acquire the Intercontinental Hong Kong.
Getting ready for a deregulated travel market in China
08/19/2015|10:49:24 PM|
Travelport is preparing itself for full deregulation in the Chinese distribution market. The company believes it can play an integral role in shaping up the future of travel ecommerce in China.
Qunar’s benchmark for excellence – just being the best as any OTA can be
08/26/2015|8:51:44 AM|
Qunar believes it has an opportunity to step up the average volume figure per hotel on the direct network and wants it to be on par with peers in mature travel markets.
Qunar reports US$142 million revenue and 145.2% more hotel room sales in Q2 2015
08/25/2015|8:50:56 AM|
"Qunar's y-o-y rev growth reached 120% in Q2, the 5th consecutive quarter of over 100% growth," said Qunar CEO Chenchao (CC) Zhuang,
France receives 50% more Chinese visitors in Q1 of 2015
08/25/2015|8:44:07 AM|
The number of Chinese visitors to France grew 50% y-o-y in the first quarter of 2015, and the France issued 56% more visas to Chinese nationals.
Ctrip enters the micro-conference market with its launch of a “Hotel+Venue” channel
08/22/2015|8:54:17 AM|
China's conference industry is booming, with estimated total value above RMB400 billion for in 2014 and Ctrip is C\capitalizing on this trend “Hotel + Venue” channel.
Conference venue platform HotelGG raises US$20 million in Series B financing
08/18/2015|6:13:13 PM|
Conference venue search and booking platform HotelGG raised US$20 million in its B Series financing round from - Matrix Partners China, Chengwei Capital and SIG China.
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