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Sequoia China joins Trip.com-backed PE firm in offer to take New Century Hotel private

Upscale hotel chain just got listed on Hong Kong Stock Exchange less than two years ago.

01/21/2021|2:44:05 PM|ChinaTravelNews

China’s Enlight Media moving ahead on $2.5 billion theme park

Unlike studio-themed parks in America and Europe which tend to look towards the past, the relative youth of China’s homegrown IP-based LBE industry is all about looking forward.

01/20/2021|3:46:10 PM|Variety

Hotel service robot supplier Yunji Technology secures $77 million in 10 months

The Beijing-headquartered company is now serving more than 5,000 hotel clients and has been adding over 1,000 clients every month.

01/19/2021|6:15:11 PM|ChinaTravelNews

Investment in MGM by a Chinese travel firm could be "tricky" – Analysts

MGM Resorts said it will continue to take actions that are in the best interests of its stakeholders.

01/12/2021|4:59:18 PM|Macau News Agency

Trip.com Group reportedly mulls second listing in Hong Kong to raise at least $1 billion

In a response to ChinaTravelNews' inquiry on the matter, a Trip.com Group spokesperson replied: "no comment."

01/12/2021|3:26:40 PM|ChinaTravelNews

A big Chinese backer would be roll of dice for MGM

Although it would complicate deals at home and elsewhere, the idea has plenty of merits.

01/08/2021|6:49:18 PM|Reuters Breakingviews

Hipcamp raises $57 million for campsite bookings as outdoor travel trend booms

The startup also needs to appeal to established, professional campground owners if it wants to become a truly one-stop shop in the eyes of consumers.

01/08/2021|5:59:59 PM|Skift

Hopin acquires streaming platform Streamyard for $250 million

As Hopin became the go-to virtual venue for event organizers, the next product to add was professional-quality video production.

01/08/2021|4:34:57 PM|Event Manager Blog
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