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Travel experience booking platform Klook raises $200 million in Series E round

Ethan Lin, co-founder and CEO of Klook, said there is “no significant fluctuation in valuation”.

01/26/2021|9:39:19 AM|ChinaTravelNews

China’s hotel recovery falls off rails; New airline seeks to fly 100+ routes | Daily Brief

Chinese hotel chain Huazhu projects Q4 revenues to surpass previous guidance; UK museum reaches Chinese audiences through Alibaba Fliggy.

01/25/2021|10:12:05 PM|ChinaTravelNews

Hotel robot maker secures $77 million; Skyscanner finds new CEO | Weekly Review

Accor strengthens partnership with Alibaba Fliggy; Sequoia China, Ocean Link to invest in high-end hotel chain.

01/23/2021|10:23:29 PM|ChinaTravelNews

Skyscanner names new CEO; Homestay PMS firm raises $10.8 million | Daily Brief

Hong Kong, Singapore dethroned by Incheon as Asia’s busiest hub; Airlines in reverse with capacity cuts from Europe to China.

01/23/2021|1:03:41 AM|ChinaTravelNews

Skyscanner announces new CEO, ending "an extensive international search"

Former Travix CEO John Mangelaars will replace Moshe Rafiah who has been splitting his time as CEO between both Skyscanner and Travelfusion. All three companies are under the Trip.com Group.

01/23/2021|12:49:08 AM|ChinaTravelNews

Accor steps up alliance with Alibaba; Sequoia China to invest in upscale hotel chain | Daily Brief

Minor Hotels partners with Funyard Hotels for China expansion; China estimates 40% fall in Lunar New Year passenger trips from 2019.

01/21/2021|10:16:53 PM|ChinaTravelNews

TravelSky projects a $77 million annual profit for 2020

The full-year profit prediction for 2020 demonstrates a positive sign of recovery, as the company reported a net loss of RMB 306 million for the first half of the year.

01/21/2021|3:59:15 PM|ChinaTravelNews

Sequoia China joins Trip.com-backed PE firm in offer to take New Century Hotel private

Upscale hotel chain just got listed on Hong Kong Stock Exchange less than two years ago.

01/21/2021|2:44:05 PM|ChinaTravelNews
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