Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
Beijing’s second airport is to redistribute interests in air market, as Air China will stay in Beijing Capital Airport while China Eastern and China Southern will leave.
While investors of Didi and Uber are pushing for potential deals, UCAR has landed on New Third Board and is looking to carve a bigger slice of China's auto market.
Mainland Chinese tourists made 3.0766 million trips to Japan from January to June this year, up by 41.2% YoY.
United Airlines looks to long-term operation out of lower-tier cities based on prudent evaluation of a destination’s economic and consumption potential.
Hilton Worldwide has been hailed by Universum as one of China's Most Attractive Employers for the fourth consecutive year.
Fosun has splurged nearly RMB 11 billion on building Atlantis Sanya, a high-end resort featuring 807 apartments and 197 villas which will appeal to global investors.
CAAC approved 132 new international routes operated by local and international carriers, and around 60% of the routes connect with lower tier cities in the country.
