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Smart travel service provider Tripscool secures 80 million yuan

Tripscool has over 10,000 SKUs launched on its official platform, mobile App and H5. Most of the content is about destinations in Japan, the United States, Australia, New Zealand and Europe, with Africa in the pipeline.

11/06/2019|9:55:58 AM|ChinaTravelNews

MakeMyTrip's gross bookings rose 20.6% to $1.5 billion

Revenue increased 14.2% to $118.0 million and Adjusted Revenue increased 13.6% to $181.1 million.

11/04/2019|11:13:28 PM|ChinaTravelNews

Chinese hotel giant Huazhu to snap up Deutsche Hospitality for €700m

Jenny Zhang, CEO of Huazhu, thinks that the merger of Deutsche Hospitality and Huazhu will create the foundation of a global hotel group that combines "German quality and Asian speed”.

11/05/2019|11:21:11 AM|ChinaTravelNews

Smart hotel solution provider Jiudianbang secures 10 million yuan

The proceeds will be used for product development and market expansion.

10/09/2019|5:48:29 PM|ChinaTravelNews

PayPal enters China market by acquisition of payment license holder GoPay

PayPal has acquired 70% of GoPay through Paypal Information Technology (Shanghai), the Nasdaq-listed company's subsidiary in China.

09/30/2019|5:51:18 PM|ChinaTravelNews

TRAVEL EASY secures $20 million for retail transformation in Europe

TRAVEL EASY reported it earned 50 million euros in revenue and a gross profit of 100 million yuan in 2018.

09/24/2019|4:25:28 PM|ChinaTravelNews

Mainland China accounts for 37% of Shangri-La's properties revenue in H1 2019

Total revenue from Mainland China hotel properties for the first half of 2019 decreased 8.4% to USD 380.4 million, accounting for around 37% of the company's hotel properties revenue during the time.

09/23/2019|5:35:36 PM|ChinaTravelNews

Customized travel booking platform T-Bird acquires Haiyou

T-Bird acquired Shanghai Haiyou to integrate resources and make the pie of customized travel bigger. More potential acquisitions are said to be in the pipeline.

09/12/2019|5:37:56 PM|ChinaTravelNews
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