China’s tour operators made RMB133.133 billion in total revenue in outbound tourism RMB178.368 billion in domestic tourism and RMB28.304 billion in 2014.
CNTA is giving tour companies a free rein to set up as many service points as they like in any number of cities within the province and cities where they are based.
Zaiseoul, a Korean tourism service for Chinese visitors, announced it received US$3 million from Korea-based NICE Group in a Series A financing round.
How can traditional travel agencies rejuvenate themselves and compete efficiently in the online marketplace?
Utour has made a strategic investment in Golden International Air and Travel, known for its strength in handing independent travel and bus travel in the US.
Mobile overseas living platform Eluying revealed that the company has completed the due process for the Pre-A round of investment, totaling RMB10 million from Avior Capital and Initial VC.
Utour is making a strategic investment in an overseas hotel to build a comprehensive chain of business and enhance its ability to tap into resources in short supply.
Qunar announced it has expanded its Board of Directors from seven to nine seats, and has appointed Liang Zeng, Yuming He, and Fang Wei from Baidu as directors.
