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Upscale hotel group New Century reports a 144.1% jump in EBITDA

The Chinese hotelier invested by Trip.com Group said it has "sufficient financial resources" to deal with coronavirus impact.

03/22/2020|8:59:45 PM|ChinaTravelNews

London travel tech startup Bimble receives £1.3M investment

Bimble has already been selected for Google’s Digital Accelerator program and has formed a partnership with EasyJet.

03/18/2020|2:34:41 PM|Bdaily News

OYO raises $807 million from SoftBank and RA Holdings

This round will value OYO at $7.7 billion.

03/18/2020|11:47:26 AM|Entrackr

Fosun Tourism sees acquisition opportunities amid virus outbreak

The company said it believes that the demand of the global tourism industry will continue to rise in the long run.

03/18/2020|11:21:26 AM|ChinaTravelNews

Short-term rental industry: why revenue is vanity and profitability is reality

AJL Consulting forecasted that profitability was likely to become the main focus of short-term rental industry in 2020.

03/17/2020|12:13:39 AM|LinkedIn

TripAdvisor is trying to sell its vacation rental businesses

The TripAdvisor brand itself in vacation rentals would not be sold outright, but the demand could be licensed.

03/16/2020|4:33:56 PM|Skift

Cloudbeds brings in $82M to “triple down” on hospitality tech

Cloudbeds has been leveraged by more than 20,000 hotels, hostels, inns and alternative accommodations across 157 countries.

03/12/2020|5:34:44 PM|PhocusWire

Chinese corporate expense management startup secures $36 million

Fenbeitong claims to have served over 1,000 medium and large-sized domestic enterprises.

03/12/2020|4:41:54 PM|Vola News
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