Luo Jun stands down as CEO of Tujia
China: Tujia co-founder Luo Jun has announced he is stepping down from his CEO role at the Ctrip-backed firm, although he will remain as a company director. Jun was replaced at the helm of the online vacation rental platform in February by Tujia COO Yang Changle with immediate effect, according to an internal memo from […]
Cozystay adds first properties in China with acquisition
China: Cozystay, a vacation rental platform for Chinese travellers, has added its first properties in China after acquiring Oak Properties. Oak Properties, which will continue to operate under that name, manages around 300 private rentals in China in cities including Taiyuan, Tianjin and Suzhou. CEO of Vancouver-based Cozystay, Galen Cheng, said: “We’ve had an incredible […]