Travel experiences platform KKday raises $75 million in C round; Marriott’s occupancy rate in China tops 80%.
RV travel frenzy in China led to lack of supply over holiday; American Airlines to shift to new Beijing airport.
Alibaba acquires nearly 10% stake in Dufry, forms China joint venture; Ctrip chairman says live streaming is here to stay as Chinese tourism almost "fully recovers".
Embattled Cathay Pacific faces continued cash burn; Chinese airlines may not turn a profit even as domestic travel rebounds.
Alibaba acquires a minor stake in a major tour operator; Travel experiences platform KKday raises $75 million in C round.
Alibaba and Utour will cooperate on product supply, channel and branding, big data technology, payment and system solutions.
The new funding will be used to continue to expand in Asia and globally and to build out a new solution for travel operators and activity providers, Rezio.
Hong Kong Disneyland reopens for second time; Hampton by Hilton signs the 500th hotel in six years in China.
