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Expedia founder among investors in Mafengwo’s Series C financing round
03/28/2015|7:24:03 AM|
Mafengwo has received funding to the tune of US$100 million from a number of investors including Expedia’s Rich Barton.
Luring Chinese for international travel – a game that is getting bigger and bigger
03/26/2015|7:24:39 AM|
Foreign tourism boards are trying to capitalize on this opportunity as international travel is increasingly getting more accessible for Chinese households.
O2O payment service Yeepay gets investment from TA Associates
03/18/2015|2:36:32 PM|
Global private equity fund TA Associates announced it invested an undisclosed amount in Chinese payment service Yeepay.
Shiji Technologies to acquire 25 million euro stake in hotel IT company SnapShot
03/17/2015|2:28:07 PM|
Shiji Technologies will invest 25 million euros to acquire 55.45% equity, of Austrian hotel data management company SnapShot.
Qunar sparks another OTA price war with hotel booking cash back
02/15/2015|11:41:30 AM|
Qunar will undercut competitors by at least 10% in all their hotel prices via cash-back promotions, adopting a new slogan “one cent hotel”.
Huazhu Hotels plan - future is digital, but all stakeholders need to benefit
03/12/2015|9:30:25 AM|
China Lodgings Group is eyeing major expansion and strengthening of its digital capabilities to benefits stakeholders in 2015 .
Ctrip’s tour operations surge 50% in 2014
02/12/2015|11:45:46 AM|
Ctrip’s biggest advantage is its branding and a one-stop service model with full responsibility for service quality throughout each sales stage.
China integral to Club Med’s goal of attaining global leadership
03/04/2015|6:00:55 PM|
According to Club Med’s development plan, China will become the second largest market after France for Club Med by 2015.
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