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ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017|2:15:13 PM|
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
OpenJaw Technologies opens its first office in China
12/07/2017|8:48:01 AM|
Irish travel technology company, OpenJaw Technologies, today officially opened an office in Dalian, China, to add to its existing international offices in Madrid, Krakow and Hong Kong.
AI provider Babel Technology raises $4.5 million, valued at $45 million
12/22/2017|2:06:27 PM|
Babel Technology, a high-tech company that aims at providing interpretation across languages with artificial intelligence, has raised RMB 30 million (around $4.5 million).
Yueban Travel to acquire Vancouver and Liaoning travel agencies
12/06/2017|12:03:42 PM|
Dalian Yueban Travel has announced that it will acquire full ownership of Vancouver-based Star East Travel and Liaoning-based Beiguo International Travel for a total of RMB 13.18 million.
Lufthansa counts on NDC XML API to run flagship stores in China
11/27/2017|11:03:21 AM|
The Lufthansa Group intends to capitalise on the growing reach of Alibaba and other ecosystems. The complexion of digital commerce can change in the next few years in China.
Travel site Lvmama’s parent Joyu Culture Media secures another $402 million
12/27/2017|12:39:55 PM|
Joyu Culture Media has raised $402 million in its latest financing after the September round. The latest round is completed through a third-party limited partnership acquired by Fullshare Holdings.
Restaurant marketing platform RedTable expands beyond Greater China
12/26/2017|3:41:17 PM|
Global restaurant marketing platform RedTable has recently signed supply contracts with major OTAs in Taiwan, Japan, and Singapore to provide customers across Asia with Korean food tourism products.
Meituan works with Japan's dining guide to target Chinese tourists
12/13/2017|10:11:46 AM|
Chinese tourists’ spending on local food in Japan accounted for more than 55% of their overall expenditure excluding hotels and air tickets, according to Meituan Travel’s data collected overseas.
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