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Wukong Car Rental receives millions of yuan in series A round
06/14/2016|10:20:37 AM|
Wukong Car Rental announced that it has received millions of yuan in its A-round funding in May 2016. Bojiang Capital was lead investor and it was joined by Zhen Fund and a private investment fund of Qihoo 360’s cofounder Hongyi Zhou and his wife Huan Hu.
HNA Hospitality denies report of equity talks with AccorHotels
06/13/2016|10:36:17 AM|
HNA Hospitality, a HNA Group affiliate, told ChinaTravelNews on June 11 that the company was not, and had no plan of, negotiating to take a stake in AccorHotels, countering reports by French media.
Eight carriers to replace commission and overrides by temporary agent-fee policy
06/13/2016|10:13:54 AM|
Eight airline companies including Air China, China Southern, China Eastern, Hainan Airlines, Shenzhen Airlines, Sichuan Airlines, Xiamen Air and Shandong Airlines, have decided to replace commission and rebate for domestic flights with a temporary agent-fee policy.
China inbound visits grow 4.5% in first half of 2016
06/12/2016|10:30:15 AM|
China’s inbound and outbound visitor volume grew 9.8% YoY to 127 million in the first half of 2016, and inbound tourist arrivals were 65.1 million, up by 4.5% YoY.
Travelport wraps up Asia-Pacific customer conference
06/07/2016|10:55:40 AM|
Travelport hosted its annual Asia-Pacific customer conference with 360 attendees from 23 countries across all sectors of the travel industry.
Amadeus gears up for a bigger chunk of China’s travel pie
06/07/2016|10:13:58 AM|
Amadeus has made significant headway in China, both with its distribution and IT solutions. The group has diligently aligned itself to experience the benefits of further deregulation steps.
Online short-term rental platform Iyumi raises RMB 100 million
06/07/2016|9:25:46 AM|
Online short-term rental platform Iyumi (“寓米短租”) , which operates iyumi.com and Share Man Apartment and has cooperated with nearly 200 well-known property developers, announced that it has raised RMB 100 million.
Establishing a data-driven digital platform for Chinese travellers
06/06/2016|1:38:31 PM|
Foreign hotel brands’ digital assets are increasingly looking at offering a flexible and personalized experience to Chinese travellers, even learning from other Chinese websites in addition to their own proprietary findings.
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