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Certify, Chrome River announce $1 billion merger
03/06/2019|11:56:08 AM|
The combined Certify and Chrome River is taking the opposite approach to sector leader SAP Concur, along with other software-as-a-service providers like Expensify.
Home rental startup ZoloStays raises $30 million led by Nexus Venture Partners
01/08/2019|2:15:51 PM|
ZoloStays’ revenue from operations stood at $3.88 million for FY18 while it incurred a loss of $576.24K. The startup plans to clock $14.4 million in revenue in the next financial year.
Ctrip 2019 New Year Travel Report: customized travel on the rise
01/07/2019|1:40:09 PM|
Chinese tourists registered to participate in domestic tourism and outbound tourism products located in nearly 978 cities at home and abroad, to 96 countries and regions around the world.
CITS sells straggling travel agency unit to focus on duty-free retail
01/02/2019|10:36:17 AM|
Chinese state-controlled travel group plans to sell its wholly-owned travel agency unit China International Travel Service Co. to better focus on duty-free retail business.
$1.6b-worth Hello Kitty theme park to be built in Hainan
12/18/2018|4:13:36 PM|
The Hainan Hello Kitty Paradise park will cost a reported RMB 11 billion ($1.6 billion), and is one of 12 key pilot projects being built on Hainan Island.
Air China looked into buying HNA’s Airlines
12/14/2018|9:42:37 AM|
“Hainan Airlines is not for sale, full stop, and never was, and even the general conversations in question about other airline assets under Hainan Airlines Holding took place months ago,” HNA said.
Beijing Tourism buys Capital Airlines shares from cash-strapped HNA Group
12/14/2018|9:31:11 AM|
The two firms are Beijing Capital Airlines' only shareholders, with HNA owning almost 83% of the firm before the deal.
Fosun to buy 25% stake in Japan's Huis Ten Bosch park
12/04/2018|9:28:38 AM|
Fosun will purchase a 24.9% interest from the parent company, travel agency H.I.S., as well as five other stakeholders, including Kyushu Electric Power and Kyushu Railway, according to Huis Ten Bosch's announcement.
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