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Bus sharing startup DaDaBus raises US$6.78 million
05/19/2015|11:14:23 AM|
Bus-share startup DaDaBus announced it raised an angel investment of RMB5 million as well as RMB37million in its Series A financing.
Sanya to turn cruise port into economic zone
05/18/2015|6:24:57 PM|
Sanya Hainan is planning to upgrade the Phoenix Island International Cruise Port as a cruise economic zone.
Ctrip eyeing rewards from seeds sown over the years
05/15/2015|10:54:42 PM|
The Chinese online travel company believes its first quarter results are giving ample indication that its perseverance is about to pay off
Chinese hotel groups get ready for new battles
05/15/2015|10:51:45 PM|
Chinese hotels are under pressure, with wobbling RevPAR adversely impacting the overall profitability in Q1.
China’s carriers get on board with super economy class growth trend
05/11/2015|10:51:26 AM|
A new “super economy” class has been introduced recently in the cabins of the Boeing 747-8 and 777-300ER aircraft.
Hunan hotels cut off Qunar over unauthorized discounts
05/05/2015|9:59:54 AM|
200 Hunan hotels have suspended supply to Qunar for offering unauthorized 50% discounts on hotel rates on its platform.
Chinese theme parks need to diversify their business models amid booming demand
05/05/2015|9:59:28 AM|
The Chinese market is expected to be able to accommodate at least 10 additional theme parks of similar scale to Disneyland in the next 25-30 years.
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
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