Beijing bans Airbnb-style rentals in central area; Travel agencies in southern China suspend group tours to capital.
RestHour primarily serves hotels and home-share providers in top-tier cities that have to deal with a huge visitor flow.
CTS Group buys 34% stake in "micro vacation" resort brand for $23 million; Hotel digital solution provider Lumous closes Series B round.
Beijing avoids draconian COVID restrictions ahead of festival; Trip.com Group appoints executive president of market.
New Century Senbo offers short-distance vacations near cities to the Chinese middle-class consumers.
UK COVID-19 variant found in Hong Kong; China invests $656 million in culture, tourism.
Club Med of Fosun Tourism speeds up recovery in Asia Pacific; ForwardKeys predicts China outbound travel to rise over 80% in 2022.
Other than the capital investment, the two companies vowed to strengthen their cooperation in product, technology, membership, central reservation and platform construction.
