China plans to spend about RMB 2 trillion on the tourism sector by 2020, which will contribute more than 12% of GDP....
A guest or a consumer doesn’t differentiate between “experiences” coming from a retail brand or a hotel property. So hotel companies need to focus on customer-centricity in the complex world of accommodation shopping....
Travel and accommodation sharing platform TangGuo received RMB 100 million in its A round. The company has 130,000 listings encompassing villas, homestays and apartments in 218 cities worldwide....
Chinese travel agencies on Wednesday charmed tourism dealers at a key travel trade show in Berlin, featuring the Silk Road destinations....
Destination travel supplier LazyCat Travel raised millions of yuan in its series A+ round. The company focuses on outbound sector and distributes around 90% of its tour products on Alibaba’s travel marketplace....
All Nippon Airways will launch Chinese-language shopping website ANA Cargo Direct Mail this month, and WeChat Pay has been appointed its exclusive third-party payment operator....
Sequoia Capital China, IDG Capital and CYTS jointly launched an investment fund, CYTS Hongqi Fund, to capitalize on consumer upgrade in the tourism industry....
Hainan Airlines will be the first Chinese carrier to adjust its frequent flyer program to reward miles based on ticket price and membership level instead of distance flown and class....
Ctrip has relaunched its approach to corporate travel, introducing a “TM+” strategy based on a comprehensive set of products, self-service and big data....
Wanda Hotels Resorts has become the first Chinese hotel management company to export its luxury hotel brands overseas....