Homeinns Hotel Group announced that it has entered into a definitive Agreement and Plan of Merger with BTG Hotels Group.
Weijing Tianxia, a developer of 360-degree panoramic photography technology, has raised RMB50 million in funding to further develop its niche in the tourism industry.
Spring Airlines announced its application for a private offering of A shares has been approved by the China Securities Regulatory Commission.
The brothers who founded Hotel Urbano, the Brazilian travel startup, have decided to step down.
Atzuche received RMB300 million in a B Series financing from investors including CPIC, Ivy Capital, Hearst Ventures, Matrix Partners China and Ce Yuan Ventures.
Chinese property developer giant Wanda Group is reportedly in talks to acquire a 75% stake Marina d’Or Resort in Spain’s Castellon province for €1.2bn.
A total of 178 new airports are under construction in the Asia Pacific region as of June 2015 and China accounts for a third of those projects.
Guesthouse platform Zizaike has completed a multi-million RMB A Series financing, and domestic television and radio conglomerate GC China is the lead investor.
