China's Huazhu Hotels Group Ltd recently published its unaudited financial report for the fourth quarter and the entire year of 2016.
China's Btg Hotels (Group) has closed the privatization purchase deal of Home Inns, which will subsequently become a wholly-owned subsidiary of Btg Hotels.
U.S.-based Digital River, Inc. has signed a payments agreement with Chinese online travel company Ctrip.
Chinese electronics retailer Gome is investing an undisclosed sum into its e-commerce travel channel.
Chinese B2C e-commerce provider JD.com and Internet tourism website Tuniu.com jointly announced that Tuniu.com has received total new investments of USD500 million, including USD350 million from JD.com.