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ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017|2:15:13 PM|
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
5% surge in ITB Berlin volume bodes well for global travel industry
03/12/2018|3:53:37 PM|
ITB Berlin, attended by 110,000 trade visitors and registered 5% increase in business volume, reaffirms its position as the World’s Leading Travel Trade Show.
ChinaTravelNews Briefing: Alibaba, Ctrip, statistics & forecasts, acquisitions & investments
02/11/2018|10:17:01 AM|
Alibaba’s Fliggy, Ctrip, Tongcheng-eLong and TravelFlan had new moves in the market, tourism statistics provided an update on China’s tourism performance, and acquisitions & investments had been made.
China Express Airlines becomes first China regional carrier to go public
03/06/2018|10:08:38 AM|
By 2020, China’s regional airlines are expected to receive more than 100 million passengers, growing at twice the rate of major airlines.
Chinese tourists contribute over one-fifth to global outbound spending
02/27/2018|9:04:38 AM|
In the next decade, about one-fourth of global employment is expected to emerge in the travel industry, with Chinese tourism being the major driving force.
Key to targeting “second wallet” – ascertain the style of travel
11/13/2017|10:29:42 AM|
A layer of intelligence that can ascertain an individual or a family’s way of travelling or intent is key to monetising the traffic. This is a key reason why Ctrip has chosen to acquire the US-based Trip.com.
AVIS, VariFlight cooperate to enhance China’s airport transfer service
01/23/2018|9:36:36 AM|
China Civil Aviation probably handled 549 million person-times in 2017, with a year-on-year growth of 12.6 percent, and is expected to reach 612 million person-times in 2018.
Ctrip aims to gross one trillion yuan in GMV in three years, focusing on innovation
02/05/2018|3:27:23 PM|
Ctrip achieved record gross merchandise value (GMV) in 2017, with over 150 million monthly active users. It is now aiming to push GMV to one trillion yuan within three years.
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