Search results for “China Travel Market”
LY.com finds itself in the middle of the OTA melee – and likes where it’s at
02/04/2015|10:42:24 AM|
LY is led by CEO Any Wu, who started the company in 2004 and has since grown it into one of China’s top online travel sites.
China Southern’s commission cut may cause serious repercussions
01/08/2015|4:04:08 PM|
China Southern Airlines cut its agents’ commissions from 2% to 1% possibly sparking a struggle over distribution involving: airlines, agents, and OTAs
Beijing Tourism appoints Travelport for promotion
02/03/2015|4:38:29 PM|
Travelport announces a new marketing partnership with Beijing Tourism to promote Beijing as a stopover destination in Asia.
Chinese outbound travelers estimated to top 117 million in 2014
01/14/2015|6:19:19 PM|
A survey also shows that short-haul destinations were still more popular, though the number of Chinese travelling to Southeast Asia plunged more than 34%
Ctrip has US$1.6 billion in holiday product transactions
02/05/2015|4:49:46 PM|
Ctrip’s online transactions for holiday products in China leapt more than 50% to exceed RMB10 billion (approx: US$1.6 billion) last year.
Club Med plans seven new Chinese resorts after Fosun’s acquisition
01/06/2015|2:55:17 PM|
Club Med plans to add seven resorts in China by 2020 following its sale to Fosun at EUR24.6 per share.
Tempus Global acquires leading Chongqing travel company
01/06/2015|2:16:08 PM|
Tempus Global will inject RMB55 million capital in subsidiary Chongqing Tempus Air Service to acquire 60% holding in Chongqing Xinganxian Travel.
Jinjiang Group acquires Louvre Group in bid to expand to Europe
01/23/2015|3:21:01 PM|
Jinjiang Holdings acquired France’s Louvre Group, estimated at EUR1.25-1.5 billion, and will fully integrate the two hotel groups.
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