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MuNiao Short-term Rental raises tens of millions RMB in B-round funding

MuNiao Short-term Rental (Mu Niao Duan Zu) announces that it has raised tens of millions of RMB in the B-round funding, just six months after its A-round funding, through which the company raised RMB 60 million.

03/01/2016|11:22:42 PM|ChinaTravelNews

OneHome completes Pre-A round funding with tens of millions

Chinese homestay startup OneHome has just completed a Pre-A round funding and raised several million RMB from Alibaba’s Riverhill Fund, Morningside Ventures and an unnamed web celebrity.

03/01/2016|10:55:02 AM|ChinaTravelNews

Jin Jiang Hotels secures RMB 4.92 billion loan for overseas acquisitions

Jin Jiang Hotels has been granted a loan of RMB 4.92 billion by the Export-Import Bank of China’s branch in Shanghai as the travel company is planning further acquisitions overseas.

02/26/2016|10:58:35 AM|ChinaTravelNews

Homeinns to start homestay business with no franchise charge

Homeinns Hotel Group is set to launch its homestay business in March by recruiting qualified property owners to operate under its sub-brand of Fairyland Homestay (or Yun Shang Si Ji Homestay) in the form of partnerships.

02/22/2016|8:36:42 AM|ChinaTravelNews

Club Med accelerates growth in China aided by Fosun

Having launched two resorts in China in 2015, Club Med is picking up development speed and plans to open 15 more in the next five years and will have a total of 20 resorts in China by then.

02/22/2016|8:37:03 AM|ChinaTravelNews

Jin Jiang International becomes largest shareholder of AccorHotels

Jin Jiang International again raised its shareholding of AccorHotels to 6.03% and became the largest shareholder of the French hotel group.

02/04/2016|6:06:45 PM|ChinaTravelNews

Jin Jiang International raises AccorHotels stake to 5.5%

Jin Jiang International has increased its shareholding of AccorHotels to 5.5%, becoming the second largest shareholder of the French hotel group.

02/04/2016|6:20:03 PM|ChinaTravelNews

HNA Group generates RMB 13.7 billion from New Third Board listings

HNA Group made it to Fortune Magazine’s Top 500 list for the first time in 2015, ranking 464th with total revenue of USD 25.6 billion in the previous year. The company announced on January 28 that its total revenue in 2015 was RMB 188.1 billion (about USD 28.59 billion) in 2015.

02/03/2016|11:37:59 AM|ChinaTravelNews
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