Search results for “GDP”
Greek resort built by Fosun is hoped to revive tourism for the island paradise
06/07/2017|7:44:43 PM|
Fosun International is joining hands with a consortium from Abu Dhabi to invest US$7.9 billion in developing a resort on a site in a southwest suburb of Athens that measures three times the size of Monaco.
Ctrip unfazed by macro uncertainty, rather primed for further growth
11/12/2018|3:54:18 PM|
Asserting that Ctrip historically has outpaced China's GDP growth by a factor of four, the senior management believes the future remains bright, bolstered by robust position in the domestic market and ability to capitalize on opportunities presented by globalization.
China’s tourism revenues top RMB 4.69 trillion in 2016
01/17/2017|5:43:45 PM|
China’s tourism revenues in 2016 is projected to have reached RMB 4.69 trillion, up by 13.6% YoY. The industry has contributed more than 10.26% to the country’s employment in the year.
Official data show slower growth in China’s outbound travel
10/21/2016|11:21:09 AM|
China’s domestic tourism market continued to grow robustly in 2015 and inbound travel sector posted a slight increase, whereas outbound growth saw a slowdown, said CNTA.
BCD Travel invests in Greater China, appoints new MD
09/27/2016|9:16:55 AM|
BCD Travel has signed an agreement to take a majority ownership in its China and Hong Kong joint venture.
Ctrip gains from virtuous cycle in a category that continues to grow
09/02/2016|11:47:07 PM|
Ctrip asserts the one-stop travel shopping model is suave, and the scale that can be achieved will be significant going forward.
Hotel room glut drives down room rate and revenue in China
08/03/2016|10:01:40 AM|
Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
Fosun splashes out billions of yuan in luxury tourism property
07/19/2016|9:59:26 AM|
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.
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