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New-generation lodging service provider ttg lands tens of millions of yuan in funding

ttg aims to become a new-generation accommodation service provider while exploring new possibilities in the travel accommodation sector.

05/08/2018|9:08:59 AM|ChinaTravelNews

PMS provider GreenCloud reaps RMB 180 million in B round funding

GreenCloud has signed 12,000 clients and has partnered with more than 20 local hotel groups ranked in the top 60 Chinese hotel groups as well as major international hotel brands.

05/08/2018|8:01:45 AM|ChinaTravelNews

Intelligent tourism operator Drore Technology picks up multi-million funding

DRORE ONE, a cloud computing platform for intelligent travel, aims to provide overall solutions for the tourism ecosystem by integrating IoT, big data, AI and other technologies.

05/04/2018|11:40:30 AM|ChinaTravelNews

Tongcheng-backed startup Zhenlv Technology raises multimillion yuan

Zhenlv is a travel SaaS cloud service provider and is said to be valued at nearly RMB 100 million ($15.75 million).

05/04/2018|10:12:35 AM|ChinaTravelNews

B2B hotel platform Mogu Trip fully acquired by travel service provider Yundijie

The acquisition of Mogu Trip will help Yundijie branch out into the international hotel distribution business and further enhance its product supplies to increase competitiveness.

04/29/2018|9:06:01 PM|ChinaTravelNews

Travelzoo's Q1 revenue rises 9% to $30.9 million

Travelzoo announced revenue of USD 30.9 million and operating profit of USD 3.7 million in Q1 2018. "Revenue growth accelerated in all three regions, leading to much stronger earnings," said Travelzoo CEO.

04/26/2018|10:17:56 AM|ChinaTravelNews

Hotel giant China Lodging leads funding into shared fitness startup ParkBox

In addition to product development, the fund raised will help extend ParkBox capsule gym from communities to China Lodging's hotels, which has 500 hotel projects in the pipeline for the next two years.

04/19/2018|8:39:58 AM|ChinaTravelNews

Travel firm PKFARE acquires tens of millions of yuan, backed by Caissa Tourism

Having won financing from Civil Aviation Investment Fund, Caissa Tourism and CKGSB Chuang Fund, PKFARE will continue to exploit the supply chain and product inventories.

04/18/2018|8:46:17 AM|ChinaTravelNews
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