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Tuniu’s CEO rules out privatization amid globalization forays

08/06/2015|4:32:52 PM|

Tuniu’s CEO Donald Yu said it has no privatization plans but will accelerate its globalization strategy and aims to add 100 overseas destination centers overseas.

Hurun report gives insights on preferences of China’s well-heeled travelers

06/04/2015|7:12:44 AM|

Hurun report on luxury travel reveals that those Chinese luxury travelers who spend over RMB200,000 per capita for a total of 33 days on average in 2014.

Ctrip opens Japan branch as part of global destinations strategy

05/20/2015|10:42:58 PM|

Japan is a key market for Ctrip’s destination development strategy and Ctrip’s Tokyo office has become fully operational this month,

Chinese investors accelerating overseas airport investments

03/16/2015|2:28:48 PM|

A Chinese consortium is planning to turn France’s fourth largest airport - Aéroport Toulouse – Blagnac into a hub for Chinese visitors.

Outbound Chinese tourism expenditure to reach US$264 billion in five years

03/13/2015|2:32:23 PM|

By 2019 the number of Chinese tourists will total 174 million spending US$264 billion, up 60% from 2014.

Visa-free destination startup Tripvip gets angel investment

02/04/2015|5:31:01 PM|

Travel specialist to visa-free destinations Tripvip has received a RMB6 million angel investment from Pingan Ventures after only six months of operation.

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