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Fosun to tap China’s travel market by strategic projects

04/27/2016|7:53:53 AM|

Fosun launched a brand-new Club Med resort in Sanya as it sets sight also on the billion-yuan Atlantis Project; the privately-held company is considering spinning off its travel business for an independent listing

Boutique travel platform Zanadu raises US$12 million in Tencent-led financing

12/23/2015|7:45:50 PM|

Boutique travel website Zanadu announced it received over RMB80 million in its A+ financing round, in which IT giant Tencent is the lead investor.

Six Chinese hotel groups form joint network

11/26/2015|12:38:41 AM|

Huatian Hotel Group, New Century Hotels and Resorts, Celebrity City Hotels, New Beacon Hotel Group, Shuguang Hotel Group and GDH set up Zhejiang Lashou.

Qunar enter JV with BTG Hotels and partnership with Starwood

09/29/2015|11:03:40 AM|

Qunar is making moves into the high-end hotel market with a JV - BTG Lohas Cultural Tourism Investment Company and a partnership with Starwood.

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