Search results for “development”
UTour acquires a Japanese ground handler
09/02/2016|9:38:51 AM|
Outbound-tour operator UTour announced its strategic acquisition of a Japanese ground handler to explore the independent travel to Japan.
Tourico Holidays partners with Nordic Choice Hotels
08/31/2016|10:52:57 AM|
Tourico Holidays, the world’s fastest growing wholesale travel brokerage company, today announced a new supplier partnership with Nordic Choice Hotels, one of the largest hotel groups in the Nordic region.
Accor explores upscale hotel market in China after FRHI acquisition
08/01/2016|9:56:17 AM|
AccorHotels has boosted its hotel portfolio in China to 195 following its acquisition of FRHI and its three upscale hotel brands, and plans to open four Sofitel hotels, four Pullman hotels, one Fairmont hotel and two Swissotels by the end of next year.
Octopus receives RMB 170 million in B round backed by Tempus Global
08/25/2016|10:46:42 AM|
A Tempus Global-led group planned to inject RMB 170 million into Octopus. Tempus Global will acquire a 4.17% stake in Octopus for RMB 50 million.
UTour’s outbound wholesale revenue climb 59% in first half of 2016
08/22/2016|9:56:02 AM|
UTour’s operating revenue grew 41.99% to RMB 4.453 billion in first six months. Revenue from its outbound wholesale business was RMB 3.43 billion, up by 59.03% YoY.
Chinese travelers fuel tourism boom for Thailand’s flagging economy
08/19/2016|9:55:02 AM|
Chinese tourists made 3.44 million trips to Thailand from January to April this year. Thai economy is still flagging while its tourism is showing outstanding vigor.
China Resources Fund makes strategic investment in Meituan-Dianping
07/20/2016|3:05:49 PM|
Chinese Internet company Meituan-Dianping said on July 18 it has raised an undisclosed amount from China Resources Group in a fresh round of funding.
Tujia’s single-day booking exceeds 56,000 room nights after Mayi acquisition
08/15/2016|7:41:45 PM|
Tujia’s single-day orders exceeded 56,000 room nights for the first time, China’s house-sharing market is expected to embrace a new round of explosive growth.
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