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ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017|2:15:13 PM|
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
Home-sharing platform Locals receives $24 million for its boutique B&B business
01/23/2018|8:59:42 AM|
This year, Locals will add two additional businesses, namely homeware retail and urban travel, to further tap into consumption deriving from B&B customers.
ITB China 2018 hosted buyer registration opens
11/08/2017|2:41:23 PM|
Some 850 top travel buyers will be accepted to attend ITB China – maximizing the business opportunities for ITB China exhibitors and buyers by getting access to exclusive matchmaking system.
Ctrip opens up data and cross-platform synergies for destination marketing
10/25/2017|7:52:48 AM|
Ctrip is not only growing its own technologies and data for destination marketing, but also exploring cross-platform strategies by partnering with internet giants including WeChat and Google.
Travel platform Zoomdu secures tens of millions of yuan in financing
11/22/2017|9:37:42 AM|
Travel service platform Zoomdu has secured tens of millions of yuan in its A round of financing. The funds will mainly be used to promote its App "FindYourGuide".
Shanghai Free Trade Zone to establish wholly foreign-owned travel agencies
09/27/2017|8:42:43 AM|
China (Shanghai) Pilot Free Trade Zone was officially approved to let foreign-owned travel agencies carry out pilot outbound travel business.
Record domestic & outbound tourism traffic for upcoming Golden Week
08/28/2017|11:23:04 AM|
Ctrip projects all time high tourism traffic in the upcoming golden week, at more than 650 million trips for domestic travel and over 6 million trips for outbound travel.
UTour net profit drops 13.79% in first 9 months 2017
10/27/2017|6:41:17 PM|
In the first three quarters of 2017, UTour generated RMB 9.224 billion in operating income, and net profit attributable to shareholders was RMB 182 million, down 13.79% year on year.
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