Search results for “financial”
Meituan warns of pandemic-hit loss; Shanghai attractions close again | Daily Brief
03/31/2020|12:09:00 AM|
State bank ICBC provides USD 14.5 billion in financing to cultural and tourism firms in Beijing; TravelSky processed 1,071.9 million transactions and 432.8 million BSP tickets last year.
Activities booking unicorn Klook acquires car rental firm Huizhuche
04/02/2020|3:26:04 PM|
A source told ChinaTravelNews that Klook spent less than USD 10 million in its acquisition of Huizhuche, a price tag much lower than the car rental firm's claimed value after its series B round.
WandTrip wins 8-figure financing to tap alternative home-sharing business
02/06/2018|10:51:50 AM|
WandTrip has won multi-million yuan financing to tap the global alternative accommodation market worth $114.4 billion in 2017, and its compound annual growth rate topped 20% in the past six years.
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief
02/19/2020|12:07:04 AM|
Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.
OTA seeks $1.2 billion loan, tourism slowdown spreads in Asia | Daily Brief
02/15/2020|12:54:56 AM|
Travel advisers projected 10%-15% off in the $45.6 billion global cruise industry, major Chinese park operator warned of epidemic impact on $320 million asset-backed notes.
Beijing warns against US travel; France sees 30%-40% less visitors | Daily Brief
02/24/2020|8:56:36 PM|
Juneyao Airlines will be indefinitely postponing the launch of new European routes; AI tech firm raised $42 million in funding.
Franchise hotel chain Qingzhu secures tens of millions of dollars
03/19/2020|2:28:16 PM|
The platform has over 3,000 hotels, mainly in provincial capitals, available for booking.
Billion-dollar trade events hit, luxury brands suffer - Virus Updates
02/08/2020|12:16:43 AM|
At least 61 people onboard a cruise ship off Japan have tested positive for the coronavirus; Hong Kong Airlines will cut 10% of its workforce.
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