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China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition

China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.

08/17/2017|8:00:45 PM|ChinaTravelNews

Tuniu trims net loss to $39.9 million in Q2 2017

Tuniu's revenues from packaged tours rose 57.7% to USD 50.1 million in the second quarter. Net loss was further narrowed to USD 39.9 million, compared to net loss of RMB 756.9 million in Q2 2016.

08/17/2017|9:47:28 AM|ChinaTravelNews

Homestay management platform “Ebnb” raises RMB 20 million

Ebnb applies its specialized management capabilities to standardize the quality of homestay hardware and service in answer to prevalent issues of C2C homestay platforms.

08/15/2017|11:54:56 AM|ChinaTravelNews

7Days Inn sponsors French OGC Nice and launches IP products

Chinese budget hotel brand 7Days Inn and French football club OGC Nice have recently reached a consensus on cooperation intentions.

08/14/2017|8:29:10 AM|7Days Inn

Plateno Group’s Wowqu raises RMB 50 million in Pre-A round

Plateno's apartment rental brand Wowqu announced that it had received RMB 50 million in its Pre-A round financing backed by 58.com, a Chinese classified advertisement website.

08/11/2017|5:56:06 PM|ChinaTravelNews

HNA Group closes acquisition of an 82.5% stake in Hahn Airport

HNA has completed the transaction of acquiring 82.5% control of German Hahn Airport for €15.1 million on 9th August, after the deal was confirmed in March.

08/11/2017|11:54:16 AM|ChinaTravelNews

Triploc closes A round financing, aiming to be the eBay of outbound independent travel

Triploc has raised tens of millions of yuan from PurpleSky and Mingxiang Ventures in its A-round financing. In the last year, the number of users of Triploc had increased from 200,000 to 1.2 million.

08/07/2017|11:22:44 PM|ChinaTravelNews

Trivago trims loss and boosts revenue in Q2 2017

Trivago recorded a 67% rise in total revenue €298.3 million in Q2 2017. Net loss decreased to €3.4 million in the quarter, and turned to net income of €4.3 million in the first six months of the year.

08/04/2017|9:30:25 PM|ChinaTravelNews
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