Search results for “vacation planning”
UTour drops planned 2.6-billion-yuan takeover of HuaYuan
02/06/2017|9:47:42 AM|
Outbound tour operator UTour announced on February 2 that it has decided to pull the plug on the plan of fully acquiring HuaYuan travel agency for RMB 2.6 billion, “due to policy changes.”
Tempus Global to buy 52% holding of Jettour for RMB 52 million
01/06/2017|11:41:59 PM|
Tempus Global will acquire 52% holdings of outbound tour operator Jettour for RMB 32 million in cash and RMB 20 million in capital injection.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
Tujia to acquire homestay business of Ctrip and Qunar
10/24/2016|7:31:12 PM|
Vacation rental platform Tujia announced on October 20 a strategic agreement to acquire the apartment and house rental operation of China’s OTAs Ctrip and Qunar.
HNA to tap Asia’s short-haul travel, partnering French vacation operator
07/08/2016|9:41:06 AM|
HNA PV Tourism plans to roll out five projects in three years to build holiday resorts near first-tier and second-tier Asian cities, to tap the booming short-haul market.
Tongcheng Tourism plans demerger and separate IPOs
06/20/2016|10:20:43 AM|
Tongcheng plans to split its business into two separate entities: a travel agency selling leisure tours and attractions and a network grouping the company’s profitable standardized products in air, accommodation and railway.
zuzuChe.com completes B-round financing and is to close series B+ round
05/27/2016|12:19:26 PM|
Outbound car-rental platform zuzuChe.com has raised millions of US dollars in its recently completed B-round funding. The company offers one-stop service including international driving license verification, insurance claims, itinerary planning and GPS service in Chinese language
Fosun to tap China’s travel market by strategic projects
04/27/2016|7:53:53 AM|
Fosun launched a brand-new Club Med resort in Sanya as it sets sight also on the billion-yuan Atlantis Project; the privately-held company is considering spinning off its travel business for an independent listing
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