Vanke, a developer known more for its ski resorts than tourism real estates, recently acquired a 36% stake in a large tourism development program in Yunnan.
OCT Group has signed a 238 billion yuan strategic tie-up with Xi’an Municipal Government to bring its “cultural tourism and urbanization” model to the ancient city.
HNA PV Tourism has unveiled two new holiday brands in China: Sunparks, and Pierre & Vacances.
Disney faces the risk from local rivals like Wanda and Shimao, but the theme park giant has the advantage in global brands and products.
In its first year, Shanghai Disneyland has seen over 11 million visitors, exceeding the company's most optimistic expectations, CEO Bob Iger said.
Theme parks in China will have more attendances than those in the US by 2020, according to a global theme park report by AECOM and TEA.
The American dating app Luvbyrd buys outdoor activity specialist Yonder, aiming to enrich their products and services.
Indian tours app Guiddoo raises $300,000. It initially functioned as a freemium service offering audio-visual guides to destinations and attractions.