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Tongcheng Tourism plans demerger and separate IPOs
06/20/2016|10:20:43 AM|
Tongcheng plans to split its business into two separate entities: a travel agency selling leisure tours and attractions and a network grouping the company’s profitable standardized products in air, accommodation and railway.
MICE platform Eventown completes a new round of investment
07/05/2016|6:49:56 PM|
MICE venue search portal and online one-stop-service platform Eventown Group announced on July 1 that it has completed a third round of funding worth over RMB 100 million led by Harvest Capital and joined by its existing investors.
Amadeus gears up for a bigger chunk of China’s travel pie
06/07/2016|10:13:58 AM|
Amadeus has made significant headway in China, both with its distribution and IT solutions. The group has diligently aligned itself to experience the benefits of further deregulation steps.
China Lodging and Vanke back SimplyWork in series A round
06/22/2016|11:51:18 AM|
Office-sharing platform SimplyWork announced that the company has raised RMB 30 million in its series A round. The round had China Lodging Group, Vanke and IDG Capital as investors.
Alitrip integrates VR into impending “future hotels 2.0”
05/23/2016|9:35:28 AM|
Shaohua Li, President of Alitrip, said that his company would integrate VR technology into online hotel reservation in its “future hotels 2.0” strategy that aims to provide online solutions for hotels and build a cloud-based hotel management system.
Hotels: Leveraging Tech & Innovation in 2016
05/23/2016|9:42:57 AM|
The hoteliers attending the executive panel at the 2016 China Hotel and Marketing Conference all agreed that their technology is focusing on enhancing the consumer experience, especially with majority of consumers now young, tech-savvy millennials.
Travel industry veterans discuss the competition landscape after industry consolidation
05/19/2016|3:06:53 PM|
This year’s China Hotel and Marketing Conference hosted by ChinaTravelNews announced its grand opening yesterday in Shanghai.
Biqu gets capital injection from Meituan-Dianping
06/06/2016|9:39:37 AM|
Air ticket direct sales platform Biqu has secured an undisclosed sum in the latest financing round that has Meituan-Dianping as the lead investor.
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