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Japan sees cooling down of shopping frenzy among Chinese tourists

The shopping craze of China’s visitors in Japan appears to be cooling, as the duty-free shopping spend by mainland visitors decreased by 9.3% while arrivals from China skyrocketed 50% in the first four months of this year.

05/26/2016|5:31:44 PM|ChinaTravelNews

Joint-venture agencies with foreign capital to conduct outbound tours

Beijing allows joint-venture travel agencies with foreign capital to conduct outbound tours to overseas destinations except Taiwan under a new pilot scheme

05/26/2016|10:27:10 AM|ChinaTravelNews

China Eastern expects RMB 2 billion revenue growth buoyed by Shanghai Disney

China Eastern Airlines expects to receive two million more travelers brought on by the opening of the Shanghai Disney Resort. This would translate to RMB 2 billion additional revenue, according to the carrier’s sales director Bo Dong

05/26/2016|7:25:20 PM|ChinaTravelNews

UTour makes strategic investment in Yunnan outbound travel agency Joyer’s Journey

Chinese outbound travel operator UTour has entered into a strategic investment agreement with Yunnan outbound travel agency Joyer’s Journey (“卓越之旅”) to expand its outbound travel retailing market in Yunnan province.

05/26/2016|10:05:44 AM|ChinaTravelNews

Air France KLM banks on its entrenched sales strategy in China

Indirect offline distribution has opened up for foreign carriers in the last couple of years. Air France KLM is making the most of its association with offline and online agencies built over the years to maximize sales.

05/25/2016|11:14:05 AM|ChinaTravelNews

Chinese premier calls for higher financing for development in tourism

Premier Li Keqiang underlined the role of tourism in lifting people out of poverty and the importance of stepping up international cooperation in tourism

05/25/2016|7:25:55 PM|ChinaTravelNews

HNA Group mulls new aviation foothold in Europe

China’s fourth largest aviation conglomerate, is taking an expansion trajectory in Europe that is seen as much more ground-breaking than the strategy of leveraging airline alliance partnerships for intercontinental growth

05/25/2016|7:26:18 PM|ChinaTravelNews

Travelsky takes stake in China Merchants’ new insurance arms

Travelsky announced that it would make two investments of RMB 875 million each to take 17.5% shares from each of the two new China Merchants Group subsidiaries, CMRH Life and CMRH P&C

05/25/2016|9:29:06 AM|ChinaTravelNews
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