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Booking funds Didi, Airbnb China names new president, Baidu and Alibaba vie for smart hotel

07/23/2018|1:56:10 PM|

Booking Holdings invested $500 million in China’s ride-hailing platform Didi Chuxing. Airbnb China appointed a local serial entrepreneur as its new president. WeChat Pay decided to focus on outbound Chinese tourists.

China hotels to gross $796 billion in 2018 in accommodation and F&B services

04/13/2018|5:54:46 PM|

Hotel report projects that China’s hotel industry will gross RMB 5 trillion from accommodation and F&B services in 2018. Jinjiang, BTG Homeinns and HUAZHU have been identified as the three biggest hotel groups.

ChinaTravelNews Briefing: Ctrip Car licensed to run, Meituan buys Mobike, Airbnb Plus

04/08/2018|5:49:42 PM|

Ctrip Car gets the nod to run ride-hailing business; Meituan extends its offerings to 320 million annual active users through its Mobike acquisition; and higher fuel cost is affecting the growth of airlines.

2014 top Hotel Groups in China ranking released

07/08/2015|10:21:14 PM|

China’s top 60 hotel groups in terms of size for 2014 were published in the “2014 China Hotel Group Operational Scale Statistics”.

DerbySoft Confirms $9 Million Funding from DCM

04/08/2014|11:01:29 PM|

DerbySoft Inc. today announced that it received $9 million in Series D funding from technology-focused venture capital firm DCM through the new DCM Ventures China Fund.

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