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Corporate expense management platform Fenbeitong secures $92.5 million from Tencent, Hillhouse
03/19/2021|1:46:34 PM|
The company’ revenue grew 300% annually over 2018-2020.
OTA's international revenue drops; Hotel membership startup secures new funding | Daily Brief
03/16/2021|10:58:14 PM|
China asks visa applicants to get inoculated with Chinese-made vaccines; Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter.
Hotel membership operator OTM secures RMB 40 million in an angel round
03/16/2021|5:20:49 PM|
OTM has established cooperation with more than 500 hotels since December 2020.
PMS provider GreenCloud raises over $14 million in an OTA-backed round
03/11/2023|10:04:19 AM|
The company has established partnerships with over half of the top 50 hotel groups in China.
Trip.com Group hopeful of Chinese outbound pie picking up in Q2
03/08/2023|1:28:33 PM|
The online travel company indicated that factors such as flight capacity are posing a big challenge to the outbound travel recovery, but this is expected to be resolved in the coming months.
Chinese embassy steps up visa processing; Outbound group tours in tight supply | Daily Brief
03/06/2023|11:21:44 PM|
Chinese tourists may not help restore Russia's tourism industry; Slow return of Chinese tourists stalls Japan's hotel recovery.
WildChina founder Mei Zhang: China’s custom travel is entering a new stage
02/17/2023|10:25:21 AM|
Shifting focus from “upscale” to “experience”.
China issuing visas for some Japan travelers; Hong Kong tourism industry begins slow recovery | Daily Brief
01/17/2023|9:40:05 PM|
Smart travel service provider secures nearly $1.5 million; major lessor Avolon expects pre-pandemic traffic by June.
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