[TravelNews] Admission prices affect business in Lijiang Ancient Town Date:2016-06-08 13:47:09 Click:126 Times
The dilemma of entrance charge is not a case that solely troubles Lijiang. In 2013, another ancient town, Phoenix Town in Hunan Province, started to sell tickets, sparking a controversial public debate on whether the ancient town should impose charges for visitors....
[TravelNews] GDS channel’s growth outpaces hotels’ direct bookings Date:2016-06-06 17:47:00 Click:16 Times
Hotels direct booking witnessed a first quarter increase of 0.8% compared with the same period last year. However, the GDS channel increased by 1.3% during the same period, a rate that is 60% greater....
[TravelNews] Yitu8.net receives more than RMB 20 million in series A+ round Date:2016-06-06 17:47:00 Click:20 Times
Outbound chauffeured service platform Yitu8.net claimed to net more than 60,000 orders monthly, generating as much as RMB 20 million per month, and has so far serviced 1.2 million Chinese travelers....
[TravelNews] Chinese carriers’ net profit jumps 75.1% Date:2016-06-06 17:47:00 Click:31 Times
Chinese carriers reported a collective net profit of RMB 32.03 billion (USD 4.86 billion) in 2015, up 75.1% over the net income of RMB 18.29 billion in 2014 in the face of global economic slowdown....
[TravelNews] Outdoor product brand Toread raises RMB 1,270 million Date:2016-06-06 17:47:00 Click:47 Times
Outdoor product brand Toread has completed its private placement to raise RMB 1,270 million to fund the development of its cloud-based programs, outdoor exercise O2O platforms, outdoor product e-commerce programs and outdoor safety service platforms....
[TravelNews] Biqu gets capital injection from Meituan-Dianping Date:2016-06-06 17:47:00 Click:41 Times
Air ticket direct sales platform Biqu has secured an undisclosed sum in the latest financing round that has Meituan-Dianping as the lead investor....
[TravelNews] China’s hotel pipeline shows second consecutive quarter YoY decline Date:2016-06-06 17:47:00 Click:30 Times
Chinas pipeline at Q1 2016 stands at 2,448 projects with 549,222 rooms, indicating adecline in projects by 8% and rooms by 1%, on a year-on-year (YOY) basis....
[TravelNews] Shenzhen plans three new airports with international flights by 2020 Date:2016-06-06 17:47:00 Click:46 Times
Shenzhen is looking to build three new airports - one each for commercial airliners, seaplanes and helicopters - as part of plans to make it southern Chinas transport hub....
[TravelNews] HNA Group eyes South America's Avianca airline companies Date:2016-06-06 17:47:00 Click:36 Times
Chinas HNA Group has expressed interest in acquiring Avianca Holdings and Avianca Brasil, the South American airlines controlled by Bolivian-born entrepreneur Germn Efromovichs Synergy Group, people familiar with the matter said....
[TravelNews] Uber wants to overtake China's Didi next year Date:2016-06-06 17:47:00 Click:49 Times
Being second to a well-funded homegrown rival isn’t diminishing Uber’s eagerness to win the China market, a top Uber executive explained today....