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Foreign OTAs – can they challenge the likes of Ctrip and Qunar?
01/29/2016|10:02:43 AM|
Domestic OTAs have been engaged in a cut-throat battle over the past few years. Foreign OTAs have room for growth, but they need to move assiduously.
Didi Kuaidi teams up with China Merchants Bank for mobile payment and strategic funding
01/28/2016|11:46:27 AM|
Didi has formed a strategic partnership with China Merchants Bank, enabling the 14 million Didi drivers to obtain loans from CMB. CMB will also make a strategic investment of an undisclosed sum in Didi.
Spring Airlines Japan flying high
12/29/2015|11:15:22 PM|
Spring Airlines Japan has raised 18 billion yen in the recently completed second financing round.
Tuniu Announces Strategies for Hotel Booking, Themed Tours, and Air Ticketing
01/22/2016|11:19:00 PM|
New Initiatives to Cement Tuniu’s Position as One-Stop Platform for Chinese Leisure Travellers.
Ctrip sets up financial services division to tap into the travel finance segment
01/20/2016|4:09:57 PM|
Ctrip announced it is setting up Ctrip Financial Services division that will jointly launch the Ctrip Traveler Rewards with MasterCard.
CYTS Shanshui Hotel cleared for New Third Board listing
01/19/2016|7:01:26 PM|
Shenzhen CYTS Shanshui Hotel has received approval to list on the New Third Board. Its Parent company CYTS will invest RMB51 million for a 51% stake.
Time for hotels to dig deeper post consolidation among OTAs
12/22/2015|3:33:41 PM|
2015 witnessed heavy consolidation in the OTA space in China. So what needs to be done by hotels to balance out their distribution mix?
Shanghai aims to become third busiest aviation hub in the world by 2020
12/30/2015|11:12:16 PM|
Shanghai Pudong International Airport has officially embarked on its third construction phase to build a satellite hall for the airport that is scheduled to be completed in 2019.
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