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Tongcheng Travel acquires Wanda Hotel Management for $341 million

04/18/2025|12:06:30 AM|

The acquisition strategically expands the Chinese OTA’s presence in the high-end hotel segment.

China’s hotel market enters a zero-sum game amid brand reshuffling

03/07/2025|11:20:09 PM|

More than 1,000 midscale and above hotels shut down in a year.

DerbySoft CEO on PKFARE acquisition: Expanding beyond hotels to a broader travel ecosystem

02/24/2025|11:26:12 AM|

Technology and business model innovation go hand in hand.

Meituan to open up and improve algorithms

12/30/2024|12:46:10 PM|

The online giant said it believes algorithms should prioritize users.

Sunmei Hotels released its overseas strategy: 1,000 properties in 10 years with long-term commitment

11/26/2024|6:12:08 PM|

Covering 30 countries.

Tongcheng Travel’ new business streams gain traction

11/23/2024|9:18:44 PM|

The company continues to augment its revenue generation from online packaged tour services and hotel management services.

H World strengthens direct B2B sales capability

08/23/2024|12:59:25 PM|

The number of room nights booked directly via the hotel company's B2B platform exceeded six million in the April-June period.

Chinese museum offers overseas tourists online tickets; Short trips popular among travelers | Daily Brief

04/09/2024|6:51:23 PM|

China approves mass production of pilotless air taxis; AirAsia X adds China routes.

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