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Airbnb’s grand travel ambitions could be taking a detour

Airbnb is interested in potentially managing diverse property types that would blend well with homesharing. The investments in property management companies may one day lead to Airbnb developing its own property management unit or brand.

12/21/2018|9:49:14 AM|ChinaTravelNews

Affordable luxury brand Hotel MoMc bags another funding following 60-million yuan injection

Hotel MoMc is optimistic of the budding markets in the second-, third- and fourth-tier cities and aims to integrate local characteristics to create personalized stays.

12/21/2018|8:57:19 AM|ChinaTravelNews

Qunar.com sets up RMB 30 million Desert Fund to groom internal startups

Many entrepreneurs are leaving innovation hub Beijing Zhongguancun to join leading enterprises to start their business as an internal division.

12/20/2018|11:55:45 AM|ChinaTravelNews

Indoor recreational zone operator Neobio Family Park pockets tens of millions of yuan

Adopting an “Entertainment Plus” strategy, Neobio adds entertainment zones adjacent to schools and supermarkets in middle- and high-end residential neighborhoods.

12/14/2018|9:13:50 AM|ChinaTravelNews

Chinese OTA Tuniu leads 40 million yuan funding for outdoor event platform Tourye

Travel products booking fees, sports equipment and advertising services are the three major revenue streams for Tourye, and travel product booking revenues make up more than 90% of total.

12/10/2018|3:12:08 PM|ChinaTravelNews

Short-haul tours provider 55 km nets millions of yuan in angel funding round

The company believes the keys to boost sales lie in traffic conversion, product selection and travel safety.

11/29/2018|4:47:29 PM|ChinaTravelNews

Ctrip rival Meituan sells 209.6 million hotel room nights in 9 months

Meituan has sold a total of 209.6 million domestic hotel room nights in the first three quarter of 2018. By comparison, the company marked 200 million room nights stayed on December 26, 2017.

11/22/2018|7:21:26 PM|ChinaTravelNews

Robot front desk supplier RestHour secures tens of millions of yuan

RestHour is open to customized requirements of hotels by expanding from check-in procedures to smart room supports, such as light, temperature, curtain and TV controlled by human voice.

11/20/2018|3:32:22 PM|ChinaTravelNews
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