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JejuAir buys into Eaststar, Yanolja acquires DailyHotel - pivotal moments as WiT Seoul returns

South Korea’s travel market enters 2020 with a sense of anticipation as well as trepidation as to what the first year of the new decade will bring the industry.

01/20/2020|12:03:39 PM|WiT

Intelligent hotel solution provider Xiezhu Technology lands $37 million funding

The company’s solutions are used by 8,000 hotels in China and have helped upgrade 350,000 rooms.

01/10/2020|10:48:30 AM|ChinaTravelNews

China’s culture and tourism market generates USD 890 billion in three quarters

Visitor arrivals to China increased by 4.7% to 108.76 million and outbound trips from China rose 8.5% to 119.9 million.

12/31/2019|10:59:21 AM|ChinaTravelNews

Trip.com Group invests in business lounge operator DragonPass

DragonPass generated revenues of 1.1 billion yuan in 2019, representing a compound annual growth rate of 40% compared to three years ago.

12/25/2019|9:48:55 AM|ChinaTravelNews

Accommodation operator ttg lands tens of millions of yuan in funding

ttg has so far serviced over 100,000 travelers who spent an average price of 90 to 120 yuan per order.

12/24/2019|4:56:35 PM|ChinaTravelNews

Chatbot service provider TravelFlan completes $7 million funding

TravelFlan claims to be working with 100-plus travel content and product suppliers including Klook, Marriot and Tuniu.

12/23/2019|10:26:23 AM|ChinaTravelNews

Trip.com-backed homestay operator Sweetome gains investment from Airbnb

Sweetome’s stakeholders now include Trip.com Group, Airbnb, 58.com Inc and Expedia.

12/04/2019|6:40:05 PM|ChinaTravelNews

Travel culture content provider SanMaoYou secures tens of millions of yuan

SanMaoYou reported revenues in excess of 10 million so far this year, compared to 6 million in 2018. The company broke even in early 2018 and has become profitable since.

11/27/2019|10:00:44 AM|ChinaTravelNews
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