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Ctrip sets up financial services division to tap into the travel finance segment
01/20/2016|4:09:57 PM|
Ctrip announced it is setting up Ctrip Financial Services division that will jointly launch the Ctrip Traveler Rewards with MasterCard.
CYTS Shanshui Hotel cleared for New Third Board listing
01/19/2016|7:01:26 PM|
Shenzhen CYTS Shanshui Hotel has received approval to list on the New Third Board. Its Parent company CYTS will invest RMB51 million for a 51% stake.
Spring Airlines Japan flying high
12/29/2015|11:15:22 PM|
Spring Airlines Japan has raised 18 billion yen in the recently completed second financing round.
Time for hotels to dig deeper post consolidation among OTAs
12/22/2015|3:33:41 PM|
2015 witnessed heavy consolidation in the OTA space in China. So what needs to be done by hotels to balance out their distribution mix?
Shanghai aims to become third busiest aviation hub in the world by 2020
12/30/2015|11:12:16 PM|
Shanghai Pudong International Airport has officially embarked on its third construction phase to build a satellite hall for the airport that is scheduled to be completed in 2019.
Spring Airlines Japan partners with Japanese retailer and seeks 1 billion yen
12/25/2015|5:51:45 PM|
China’s Spring Airlines Group and major Japanese retailer chain Bic Camera have formed a strategic partnership.
Meituan-Dianping launches air ticket booking to challenge top dog Ctrip
12/24/2015|11:18:57 PM|
Meituan-Dianping has quietly launched air ticketing service online to add to the earlier release of hotel booking functions.
Foreign players wary of B2C model, but B2B remains an attractive proposition
12/14/2015|6:47:51 PM|
Anyone can sell the way China’s local intermediaries have shaped up their selling platforms. It’s virtually a B2B2C model today, and foreign OTAs are keen on tapping it for outbound segment
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