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Tuniu appoints Caissa Tourism and Trip.com Group executives as Board directors

Tuniu appoints Caissa Tourism and Trip.com Group executives as Board directors

The appointment of Mr. Liu is in connection with the closing of transactions between subsidiaries of both JD.com, Inc. and Caissa Sega Tourism last year.

02/10/2021|9:30:41 AM|ChinaTravelNews
China Eastern Airlines gets $1.7 billion lifeline from parent firm

China Eastern Airlines gets $1.7 billion lifeline from parent firm

The airline’s passenger turnover plunged 51.6 percent last year from the year before.

02/04/2021|10:18:41 PM|Yicai
Family-activity space provider Mini Mars secures tens of millions of yuan

Family-activity space provider Mini Mars secures tens of millions of yuan

The company aims to launch more than 10 stores across the country in 2021.

02/04/2021|1:47:06 PM|ChinaTravelNews
New York investment firm acquires 6.64% stake in Trip.com Group

New York investment firm acquires 6.64% stake in Trip.com Group

As of February 3, the online travel company was worth USD 18.98 billion.

02/03/2021|3:34:39 PM|ChinaTravelNews
Upscale hospitality group New Century projects 80%-90% less profit

Upscale hospitality group New Century projects 80%-90% less profit

In the second half of 2020, the hotel chain's occupancy rate and RevPAR were significantly improved.

02/03/2021|6:03:23 AM|ChinaTravelNews
Club Med owner Fosun Tourism expects annual loss of up to $410 million

Club Med owner Fosun Tourism expects annual loss of up to $410 million

Club Med resorts had 57% less business in 2020 than that in 2019.

02/03/2021|5:40:44 AM|ChinaTravelNews
Hong Kong airport raises $1.5 billion in bond sale to fund third runway

Hong Kong airport raises $1.5 billion in bond sale to fund third runway

Construction of the airport’s third runway is expected to be finished in 2022 and should be fully operational by 2024.

02/02/2021|4:11:15 PM|Reuters
Hainan Airlines seen attractive to new investors despite HNA crisis

Hainan Airlines seen attractive to new investors despite HNA crisis

A strong route network, high brand value and an experienced management team as well as restructuring efforts by China’s No. 4 carrier, were among the reasons cited.

02/02/2021|2:57:23 PM|Reuters
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