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China Southern authorizes more than 2,000 ticketing agencies
07/13/2016|11:42:41 AM|
China Southern has authorized more than 2,000 ticketing agencies including major platforms Ctrip and Alitrip, to sell the airline’s tickets and related products.
CITS becomes a HKCTS subsidiary
07/12/2016|3:08:07 PM|
CITS has merged with HKCTS and come under the full control of the Hong Kong-based state-owned travel enterprise.
China Southern to “conditionally” restore third-party agent ticketing
07/11/2016|10:05:18 AM|
China Southern Airlines will allow authorized agents to sell the carrier’s packaged offerings with hotel reservation or other travel contents on third-party platforms.
HNA to tap Asia’s short-haul travel, partnering French vacation operator
07/08/2016|9:41:06 AM|
HNA PV Tourism plans to roll out five projects in three years to build holiday resorts near first-tier and second-tier Asian cities, to tap the booming short-haul market.
B2B online hotel direct sales platform Ziztour completes an eight-digit series B round
07/08/2016|9:13:16 AM|
Ziztour, a B2B online hotel direct sales platform, has completed an eight-digit series B round led by LB Investment, a Korean private equity firm, and joined by Legend Capital (“君联资本”) and Cheng Lan Capital (“城蓝资本”).
Ctrip becomes China Eastern’s fifth largest shareholder after RMB 3 bn investment
07/06/2016|10:05:19 AM|
China Eastern Airlines has raised RMB 8.548 billion in a private placement and Ctrip has become the carrier’s fifth largest stakeholder after taking 3.22% for RMB 3 billion.
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.
Atzuche raises over RMB 100 million in series B+ round
07/05/2016|10:34:30 AM|
P2P car rental Atzuche has received more than RMB 100 million in its series B+ round.
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