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Trip.com Group gets US regulatory approval for its Tripadvisor investment

The Chinese online travel group now owns a 5.2% stake in Tripadvisor for USD 153.9 million.

07/21/2020|11:07:35 PM|ChinaTravelNews

Huazhu sees improvement in Q2 operation results

Same-hotel RevPAR dropped 40.8% in the second quarter, and 52.8% in the first quarter.

07/16/2020|4:59:41 PM|ChinaTravelNews

E-commerce giant JD.com makes new investment in travel with BTG

This is not the first that JD.com has invested in travel.

07/13/2020|11:06:27 PM|ChinaTravelNews

Trip.com Group offers $500 million notes convertible to Huazhu ADS

The OTA plans to use proceeds from the notes to repay existing debts.

07/13/2020|3:31:02 PM|ChinaTravelNews

Hotel giant Huazhu reports 15.7% drop in Q1 revenue, expects further decline in Q2

Huazhu expects net revenues to decline 32% to 34% year-over-year in the second quarter of 2020, or 35% to 37% if excluding the addition of Deutsche Hospitality.

07/01/2020|10:22:38 PM|ChinaTravelNews

Chinese OTA regains compliance with Nasdaq's minimum share price requirement

Tuniu has not been profitable for the past six years as a public company. As of June 26 this year, the company's market capitalization was around USD 140 million.

06/29/2020|11:49:59 PM|ChinaTravelNews

JD.com sells its stake in online travel agency Tuniu for $65 million

The deal would give the Caissa Group 21.1% shares of Tuniu in total.

06/23/2020|11:58:31 AM|ChinaTravelNews

US regulator extends deadline for Shiji to sell StayNTouch

Chinese hotel tech giant was granted three more months to divest all its interests in the acquisition of a US startup.

06/22/2020|8:30:34 PM|ChinaTravelNews
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