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Tented resort operator Vinetree closes series A round
10/25/2016|7:46:02 AM|
Southwestern China’s tented resort operator Vinetree announced that it received RMB 30 million in its series A round funding.
Tujia to acquire homestay business of Ctrip and Qunar
10/24/2016|7:31:12 PM|
Vacation rental platform Tujia announced on October 20 a strategic agreement to acquire the apartment and house rental operation of China’s OTAs Ctrip and Qunar.
World’s first smart suitcase enters China
10/24/2016|1:46:53 PM|
ChinaTravelNews talks exclusively with Diego Saez Gil, Bluesmart Inc.’s CEO on the smart suitcase industry and what it takes to enter the burgeoning Chinese travel market.
China’s outbound trips to Japan breaches 5 million mark
10/21/2016|1:56:10 PM|
Japan’s tourism authorities reported that visitor arrivals from China since January have exceeded a record five million.
Official data show slower growth in China’s outbound travel
10/21/2016|11:21:09 AM|
China’s domestic tourism market continued to grow robustly in 2015 and inbound travel sector posted a slight increase, whereas outbound growth saw a slowdown, said CNTA.
Podinn Hotel gets New Third Board listing
10/19/2016|5:16:15 PM|
Budget hotel operator Podinn Hotel was listed on New Third Board on October 17. It registered RMB 1.98 million net loss in 2015 and RMB 12.18 million net income in 2014.
UCAR plans to raise RMB 10 billion for car dealing
10/19/2016|5:04:09 PM|
UCAR announced on October 17 that it plans to raise RMB 10 billion for the development of its car dealing business.
HNA boosts its Tuniu stake to 26.61%
10/19/2016|11:41:16 AM|
HNA Group boosted its stake in Tuniu to 26.61% in three transactions via its subsidiary HK Praise Tourism in the past five months, according to company filings on SEC.
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