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US investor puts US$23 million on Qunar
12/17/2014|5:31:11 PM|
Travel industry capital management company Par Capital Management has acquired 2.56 million of Qunar’s shares.
Travelport unfazed by limited penetration in China, hopeful of bright future
08/12/2016|4:48:35 PM|
Travelport is confident of delivering sustainable growth in the coming years, but it is still waiting for the regulatory environment to open up in China.
Spring Airlines embarks on exciting journey of retailing
08/08/2016|3:18:58 PM|
Just like carriers in the U. S. and Europe, China’s Spring Airlines, too, is positioning itself for being a platform of choice for all travel needs.
China’s reform commission backs High-speed Railway Economy
08/08/2016|2:14:33 PM|
High-speed railway construction will drive economic growth and restructuring, fuel momentum for efficient investment and consumption expansion.
Baojia Car Rental raises US$30 million in Series A financing
12/10/2014|11:36:02 AM|
Baojia Car Rental announced on December 9 that it had raised US$30 million in its round A financing from leading investors including Pingan Ventures and Qiming Venture Partners.
Accor explores upscale hotel market in China after FRHI acquisition
08/01/2016|9:56:17 AM|
AccorHotels has boosted its hotel portfolio in China to 195 following its acquisition of FRHI and its three upscale hotel brands, and plans to open four Sofitel hotels, four Pullman hotels, one Fairmont hotel and two Swissotels by the end of next year.
ITB China announces co-president of Ctrip as keynote speaker
08/01/2016|9:38:17 AM|
Ms Jane Sun, Co-President and COO of Ctrip will be the keynote speaker at the official opening of the first ITB China, which will take place in May 2017 in Shanghai.
Poly Real Estate plans to invest RMB 2.5 billion in Didi
06/23/2016|10:50:36 AM|
Poly Real Estate will purchase 1.46% shares of Didi for less than RMB 2.5 billion. This puts the ride-share giant’s worth at about USD 26 billion. However, other data indicate that Didi may be worth at least USD 27.6 billion.
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