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New Beijing airport approved with RMB80 billion budget

The new Beijing Airport will have throughput and capacity second only to Beijing Capital Airport.

12/17/2014|11:06:25 AM|ChinaTravelNews

Wanda Tourism sees excellent growth in subsidiaries

Wanda Group’s tourism subsidiaries reported RMB1.71 billion revenues, equivalent to 24% of this year's annual revenue goal of RMB 7.125 billion.

12/17/2014|10:24:28 AM|ChinaTravelNews

Wanda Tourism acquires yet another regional tour operator

Wanda Tourism continues its takeover of regional tour operators with its acquisition of Kunming Scenic Travel, Wanda’s 11th such acquisition after Hunan tour operator Easygoing.

12/12/2014|11:03:34 AM|ChinaTravelNews

Ctrip gives Tuniu US15 million boost

A recent visit by Tuniu COO Haifeng Yan to JD.com has raised speculation that JD.com might be an investor. A move that will further complicate the relationship among China's OTAs.

12/12/2014|11:07:02 AM|ChinaTravelNews

Lvyouquan raises RMB120 million

Shanghai-based Pipikou.com recently announced its B2B platform Lvyouquan successfully raised RMB120 million in its latest round of financing.

12/11/2014|11:17:36 AM|ChinaTravelNews

Zhinanmao gets multi-million investment

Zhinanmao (which means compass cat), an O2O platform specializing in customized travel, announced that it raised a multi-million RMB Pre-A round of financing.

12/11/2014|11:28:34 AM|ChinaTravelNews

China Lodging nabs three Merrylin Hotels

China Lodging acquired long-term leasing of the properties and is committing RMB100 million to renovate the three Merrylin hotels for rebranding under its mid-range JI Hotel brand.

12/11/2014|11:32:07 AM|ChinaTravelNews

Baojia Car Rental raises US$30 million in Series A financing

Baojia Car Rental announced on December 9 that it had raised US$30 million in its round A financing from leading investors including Pingan Ventures and Qiming Venture Partners.

12/10/2014|11:36:02 AM|ChinaTravelNews
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