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Atour Hotel receives USD 100 million in C round

Atour Hotel announced on December 23 that it has raised USD 100 million in its series C round funding. The round has Legend Capital and Alibaba’s former CEO Zhaoxi Lu as investors.

12/23/2016|11:07:10 PM|ChinaTravelNews

Jin Jiang forms WeHotel network, speculated to break OTA stranglehold

State-owned Jin Jiang plans to build WeHotel loyalty to tap the vast collective customer bases of all subsidiary brands including Jin Jiang, Louvre Hotels, Plateno and Vienna Hotels.

12/08/2016|11:52:56 AM|ChinaTravelNews

Shiji acquires a majority stake in SnapShot

With the additional investment of EUR 17.9 million, Shiji holds 69.07% of SnapShot stock equity.

12/06/2016|6:53:46 PM|ChinaTravelNews

China investors splashed $9.25b on buying overseas hotels

China’s investors have splashed USD 9.25 billion snapping up hotels and accommodation worldwide in 17 deals so far this year.

11/15/2016|1:04:27 PM|ChinaTravelNews

China Lodging Group net income jumps 31.4% in Q3 2016

China Lodging Group (Huazhu Hotels Group) reported net income growth of 31.4% to RMB 293.9 million (USD 44.1 million) in Q3 2016.

11/15/2016|12:46:27 PM|ChinaTravelNews

Webjet launches B2B platform FIT Ruums in Asia

Webjet announces the launch of FIT Ruums, a new business-to-business (B2B) travel distributor dedicated to the Asia region, operating under its B2B division, WebBeds FZ.

11/11/2016|3:43:13 PM|ChinaTravelNews

Greenland rolls out G-Hotel brand in Ctrip tie-up

Greenland Hong Kong and Ctrip announced a partnership in which the former’s serviced apartments will be listed on the latter’s online booking platform.

11/09/2016|11:09:30 AM|ChinaTravelNews

Travelling With inns receives millions of yuan in A round

Travelling With inns raised millions of yuan in its series A round, which was backed by Gobi Partners.

11/07/2016|9:33:55 AM|ChinaTravelNews
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