Search results for “finance”
China Lodging Group grows robustly in mid- and up-scale RevPAR
08/16/2016|9:22:10 PM|
Occupancy rate was 85.2% in Q2 2016, compared with 85.8% in Q2 2015. The slight decrease was due to lower occupancy in lower-tier cities.
P2P car rental platform Atzuche raises almost US$47 million in B Series financing
11/30/2015|12:29:40 AM|
Atzuche received RMB300 million in a B Series financing from investors including CPIC, Ivy Capital, Hearst Ventures, Matrix Partners China and Ce Yuan Ventures.
China Lodging completes acquisition of Crystal Orange Hotel
05/31/2017|11:12:22 AM|
China Lodging Group (Huazhu Hotels) announced that it has closed the acquisition of Crystal Orange Hotels for RMB 3.65 billion (USD 540 million).
Private guesthouse booking platform Zizaike gets multi-million RMB A Series financing
11/25/2015|5:55:46 PM|
Guesthouse platform Zizaike has completed a multi-million RMB A Series financing, and domestic television and radio conglomerate GC China is the lead investor.
Custom travel platform 6renyou receives US$10 million in financing
11/24/2015|6:20:17 PM|
6renyou, an online travel startup offering customized travel for middle-class clients, announced that it received US$10 million in a recent round of funding.
Tour operator groups post revenue upsurge buoyed by outbound growth
04/28/2017|1:54:02 PM|
Chinese tour operator giant Utour Group recorded operating revenue of RMB 10.1 billion in 2016, up 20.71% YoY, while peer HNA-Caissa’s operating revenue of the year grew 34.48% to RMB 6.64 billion.
Ctrip reintroduces tailored travel platform with 4,000 tour specialists
04/28/2017|12:40:49 PM|
Ctrip has upgraded its tailored travel platform to “Version 2.0”. The platform has more than 1,200 partner suppliers recommending around 4,000 itinerary designers to cover 956 destinations in 107 countries worldwide.
Travel O2O ecommerce platform Ilvyou raises US$8.6 million in A Series financing
10/21/2015|4:41:53 PM|
Travel wholesale ecommerce and O2O platform Ilvyou announced it received RMB55 million in its A Series financing round, from lead investor CHC Capital.
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