Shiji Technologies will invest 25 million euros to acquire 55.45% equity, of Austrian hotel data management company SnapShot.
Dujiake recently received an investment to the tune of RMB10 million and announced former Airbnb Taiwan executive Fengchi Hsu join its ranks.
UUzuche announced it received US$10 million funding from China’s largest car service and sales website BitAuto in its plus-A Series financing.
A Chinese consortium is planning to turn France’s fourth largest airport - Aéroport Toulouse – Blagnac into a hub for Chinese visitors.
China is further opening up its service sector to Hong Kong and Macau service providers to include air transport support services.
Home Inns & Hotels Management CEO David Sun is optimistic about the long-term perspective of the travel and lodging market in China.
Fosun plan to develop a new hotel chain brand for the Chinese market with Thomas Cook and acquire 220 Concept Hotels for 500 million euros.
Uber and Yongche are said to be discussing a possible partnership in a struggle to survive in the Chinese taxi app market.
