In June, around eight in 10 Airbnb listings in cities like Osaka and Tokyo were entire homes, up 6 percentage points on a year earlier. But there are already signs that an Airbnb crackdown may be coming in Japan.
Regatta Travel Solutions has ended six years as an independent company and been bought by Austrian travel technology shop Seekda.
Ctrip has announced that existing shareholders Baidu and Priceline Group have lifted their stake in the business.
Chinese OTA Lvmama’s parent company Joyu Group announced that it plans to launch a private placement of no more than RMB 1 billion.
Expedia has begun to put in motion an initial public offering of its Trivago hotel-metasearch unit and the IPO could be valued for more than $1 billion.
Travel SaaS platform Zowoyoo has closed a new round of funding, following its series A round in 2015.
Vacation-booking BlaTravel has raised millions of yuan in its series A+ round. The company adopted a model of “hotel recommendation plus travel experience sharing”.
ReviewPro says there is a growing importance placed on reviews in the Chinese market, not least by observing the unseating of Facebook in third spot by Ctrip and eLong in particular.