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Huazhu initiates major restructuring to pursue global ambition

China remains key to the company's operation while Huazhu will continue its investments for international expansion.

05/20/2020|10:58:13 PM|ChinaTravelNews

Airfare prediction firm Hopper raises $70 million

The company had to lay off an undisclosed number of people a month ago due to the crisis.

05/15/2020|2:37:42 PM|Skift

Travel short video service provider Jufeng Network raises millions of yuan

The company wants to help tourist attractions, homestay businesses, hotels and itineracy providers build quality travel brands.

05/12/2020|12:43:14 AM|ChinaTravelNews

Futurestay announces $2.4M venture round

The company’s bookings have dropped by about 85% due to the COVID-19, but it continues to increase by about 3,000 properties per month.

05/07/2020|1:42:58 PM|Phocuswire

Fosun Tourism's sales volume drops 15.9% in Q1

Resort operation in the first two months grew 8% despite the COVID-19 outbreak since late January.

04/30/2020|11:11:07 AM|ChinaTravelNews

Apartment rental startup Frontdesk secures $6.8M in funding

A third of its guests are business travelers, and the company plans to focus on expanding that share this year.

04/29/2020|11:30:37 AM|BTN

JD.com buys 7.4% stake in tourism company Caissa for $63.5 million

This investment also marks JD.com’s foray into the tourism industry, which is being hard hit by the COVID-19 pandemic.

04/28/2020|4:16:29 PM|KrASIA

B2B SaaS travel startup ITILITE bags $13 million for international expansion

ITILITE’s USP is the incentive program through which employees of its clients are rewarded for the savings they make for their company during travel.

04/20/2020|5:45:33 PM|Inc42
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