Search results for “Shenzhen”
A fascinating tussle brews for outbound hotel distribution pie in China
07/13/2018|8:03:20 AM|
The battle to target a bigger pie of the outbound business featuring travelers from lower-tier cities in China is getting intense.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018|11:58:59 AM|
Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
Hotel vending machine supplier MoBianLi raises $1.85 million in funding
06/22/2018|5:00:51 PM|
MoBianLi supplies franchisees with machines for RMB 500-600, while the average market price is RMB 900-1200.
ChinaTravelNews Briefing: ITB China raises insights, Hyatt flagship store debuts on Ctrip
06/01/2018|6:02:57 PM|
ITB China 2018 concluded with high hopes for China’s tourism growth, Ctrip brought in Hyatt flagship store, and more Chinese tourists are heading to Europe destinations and Russia.
Ice-snow information service operator Huaxue Zoo reaps $4.71 million in funding
05/23/2018|6:04:13 PM|
Huaxue Zoo told 36Kr that iSNOW has so far served more than 100 ski resorts and ice rinks, and expects to provide services to 50-100 more customers in 2018, increasing the total number to 200.
Ctrip’s $157 million ABS product approved for tourism financing
05/23/2018|9:01:18 AM|
Insiders believe that the issuance of the first tourism ABS product reflects Ctrip and other overseas listed companies’ optimism in embracing the Chinese capital market.
Boutique resort hotel brand Shi Lily obtains $15.64 million in funding
05/21/2018|4:14:52 PM|
In 2018, Shi Lily plans to open its first resort hotel with more than 100 rooms in Dali, Yunnan Province, and to launch over 30 hotels across China.
Travel firm PKFARE acquires tens of millions of yuan, backed by Caissa Tourism
04/18/2018|8:46:17 AM|
Having won financing from Civil Aviation Investment Fund, Caissa Tourism and CKGSB Chuang Fund, PKFARE will continue to exploit the supply chain and product inventories.
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