Sabre Corporation today announced an enhanced distribution agreement with Huazhu Group to grow geographic reach for its upscale and luxury hotel brands and help fuel its ambitious global growth strategy.
Under the deal, the fast-growing, multi-brand company, which is currently China’s second-largest hotel group by ...
Intelligent hotel solution provider Xiezhu Technology raised 300 million yuan (USD 45.6 million) in its Series B financing round this month. Led by Addor Capital, the round was also backed by Qingdao Haikong Tiancheng Fund and existing investor SR Capital, which also invested in the company’s Series A financing. Styli...
Hotel direct sales service provider Honey Guide has secured tens of millions of yuan (more than USD 1.5 million) in its latest financing round. The round was led by Weimob, China’s leading business intelligence SaaS service provider listed in Hong Kong.
The proceeds will be used for R&D of digital technologies and i...
The Chinese flag carrier, Air China, announced on Thursday that it has signed an agreement with AFS Investments Inc, a subsidiary of aircraft leasing giant GE Capital Aviation Services (GECAS), to buy 18 Airbus A320neo planes from the European manufacturer to improve its transport capacity.
The deal, worth $2.2 billio...
As the world enters a new era of international travel, Beijing Tourism is leading the way with a two-part online forum series, "Beijing Culture and Tourism Global Online Strategic Forum - Restart Travel, Together with Beijing.” Held on 22-23 September 2020, the forums are aimed at tour operators and travel agencies wh...
Tongcheng-Elong Holdings, a Chinese online travel firm co-invested by Trip.com Group and Tencent, said its revenue plummeted 24.6% in the second quarter this year. Average monthly active users decreased by 3.3% year-to-year from 181.6 million in the same period of 2019, but increased by 18.3% quarter-to-quarter from 14...
Latest tracking data highlights the extent to which the recovery of international passenger markets is being suppressed by cross-border travel restrictions and quarantine requirements, coupled with the economic impacts of the Covid-19 pandemic.
Global scheduled passenger jet flight numbers were down approximately 54% ...
The resumption of the Individual Visit Scheme (IVS), an exit permit system for mainlanders from certain Chinese cities, is “critical” for the Macau casino industry to recover, said senior executives at Las Vegas Sands Corp. Without such visas, the relaxation from July 15 of quarantine arrangements for travel to the n...
Welcome to Conrad Shenyang, a chic hotel in the heart of this historic city. Perfect for the smart-luxury traveler, Conrad Shenyang resides on the top floors of Forum 66, the tallest building in Shenyang. Take in sweeping views from the Sky Lobby and every guest room and discover new favorite experiences among our prem...
The Park Hyatt Suzhou is a great choice for guests looking for accommodation in Suzhou, having been recently opened in 2020. Boasting a convenient location, the hotel is just 5km from Suzhou Industrial Park Railway Station and 46km from Sunan Shuofang International Airport. Just a short walk from Xinghu Jie Metro Stati...