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Hotel data platform Htrip secures USD 25 million in a new financing round
12/29/2020|6:16:40 PM|
The company claimed to have served 185 million middle and high-end business travelers this year.
ByteDance sets up a travel agency; Mafengwo sheds light on night tourism | Weekly Review
12/19/2020|10:17:57 PM|
Hilton CEO said China is second-largest market, key part of growth strategy; Alibaba-invested mobility platform Hellobike applies for hotel-related trademark.
Hotel robot maker secures $77 million; Skyscanner finds new CEO | Weekly Review
01/23/2021|10:23:29 PM|
Accor strengthens partnership with Alibaba Fliggy; Sequoia China, Ocean Link to invest in high-end hotel chain.
Skyscanner announces new CEO, ending "an extensive international search"
01/23/2021|12:49:08 AM|
Former Travix CEO John Mangelaars will replace Moshe Rafiah who has been splitting his time as CEO between both Skyscanner and Travelfusion. All three companies are under the Trip.com Group.
Accor steps up alliance with Alibaba; Sequoia China to invest in upscale hotel chain | Daily Brief
01/21/2021|10:16:53 PM|
Minor Hotels partners with Funyard Hotels for China expansion; China estimates 40% fall in Lunar New Year passenger trips from 2019.
TravelSky projects a $77 million annual profit for 2020
01/21/2021|3:59:15 PM|
The full-year profit prediction for 2020 demonstrates a positive sign of recovery, as the company reported a net loss of RMB 306 million for the first half of the year.
Ocean Park seeks HK$2.8 billion to survive; Travel agencies beef up local tours | Daily Brief
01/19/2021|10:54:05 PM|
Greater China leads Marriott's global recovery; India reopens Ladakh lake bordering China for tourism.
Hotel digitization solution provider Lumous closes Series B financing round
12/24/2020|2:53:40 PM|
Lumous has established partnerships with 70% of China’s top ten hotel brands including Jinjiang Hotels and BTG Homeinns.
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