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Tuniu expands with aggressive acquisition plans post IPO
03/10/2015|10:08:45 PM|
Tuniu has announced on March 9 2015 the acquisition of Hangzhou-based Zhongshan Travel and Tianjin-based China Classical Holiday.
Qunar sparks another OTA price war with hotel booking cash back
02/15/2015|11:41:30 AM|
Qunar will undercut competitors by at least 10% in all their hotel prices via cash-back promotions, adopting a new slogan “one cent hotel”.
Spring Airlines expands Japan service but gives no timetable for long-haul ambitions
03/04/2015|9:46:09 AM|
Riding on the success of its IPO, Spring Airlines is setting up an aircraft charter company to enter the aviation finance sector and boostingi Japan service.
Royal Caribbean ushers in China era with Quantum of the Seas launch
02/11/2015|5:23:17 PM|
Royal Caribbean will launch the Quantum of the Seas liner to mark its 2015 China investment plan, and management has dubbed this year the ‘Quantum Year’.
Qunar counting on its technology-driven operational efficiency for a break-through
01/28/2015|3:07:44 PM|
What would it take for Qunar.com to turn profitable in 2016? This conundrum is among the most followed topics in the Chinese travel industry.
Vienna Hotels invites Series C financing to pave way for IPO
02/26/2015|3:37:15 PM|
Vienna Hotel wants a Series C financing round this year to raise at least RMB1 billion and pave the way for an IPO in 2017.
Chinese in their 30s a major force in outbound tourism spending
02/26/2015|10:21:46 AM|
Chinese travelers in their 30s are becoming the biggest spenders in outbound travel, powering China's global spending spree this Spring Festival.
Chinese visitors to the US expected to leap 25% in 2015
02/25/2015|10:22:24 AM|
Chinese visitor arrivals to the USA are expected to grow by 25% to 30% this year, continuing the strong growth in 2014.
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