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Hostel booking startup bags series A for easier student accommodation
The Malaysian student accommodation platform HostelHunting bags Series A round and plans to expand business market beyond Malaysia, Singapore and Thailand.
Airbnb names an executive to run operations in China
After a long search for an executive to run operations in China, Airbnb Inc. finally named an existing executive--Hong Ge as vice president.
Tech startup to open the world’s first VR theme park this year
SoReal, a startup co-founded by Chinese film director Zhang Yimou, is preparing to open this year what it bills to be the world’s first VR theme park. Researcher IDC predicts China will overtake US as the world’s largest VR market in 2019.
How airlines can acquire an innovation mindset?
Kieron Branagan, CEO of OpenJaw, a travel tech firm and subsidiary of TravelSky, reflects on innovation strategies for the airline business, based on external research as well as the company's internal efforts.
Wanda Group unveils $6 billion resort in northeastern China
Wanda Group has just launched its sixth tourism project Harbin Wanda City, a USD 6 billion resort development in northeastern China to compete with Disneyland and Universal Studios.
Growing pains of China's home-sharing industry
House sharing is increasingly popular in China, but a plethora of problems have emerged and need to be addressed.
China outbound tourism to see steady, slower rise: CNTA data
Visits by China's outbound tourists are forecast to reach 150 million in 2020 from 117 million in 2015, up 5.09% each year, according to the country's tourism authority.
Baidu Capital appoints Ctrip's former CSO Jenny Wu as first Managing Partner
Baidu Capital appointed Ctrip's former CSO Jenny Wu as its first managing partner. The company will form a dedicated travel industry fund with Ctrip.
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