Search results for “Outbound tourism”
Utour makes strategic investment in Paris hotel to shore up European products
09/14/2015|2:50:01 PM|
Utour is making a strategic investment in an overseas hotel to build a comprehensive chain of business and enhance its ability to tap into resources in short supply.
Travel companies eye digital wallets to streamline mobile checkout
10/15/2015|3:24:16 PM|
More and more travel companies are looking at alternative form of payments (AFPs) such as Alipay, offering Chinese consumers a diverse set of payment options.
Capitalizing on the growth of Chinese outbound travel
09/17/2015|11:15:34 AM|
TravelDaily Conference’s 1st roundtable discussed “how the world’s travel and tourism industry can capitalize on the growth of Chinese outbound travel.”
PGC trip planning service Youpu raises multi-million yuan financing
09/22/2015|4:43:08 PM|
Youpu, a startup specializing in independent itinerary planning for outbound travel, announced it raised several million yuan in its A Series financing round.
WTTC: China will top in tourism investment by 2025
08/26/2015|8:40:38 AM|
The World Travel and Tourism Council projects that China’s investments in tourism, estimated to total US$278.7 billion, will overtake the USA by 2025.
Tuniu sets up commercial factoring firms to boost capital support for industry
09/17/2015|3:32:14 PM|
Tuniu became the first OTA stepping into the tourism factoring field as it announced on September 16 that it has been approved to establish two commercial factoring companies with an investment of RMB1.3 billion.
Qunar enter JV with BTG Hotels and partnership with Starwood
09/29/2015|11:03:40 AM|
Qunar is making moves into the high-end hotel market with a JV - BTG Lohas Cultural Tourism Investment Company and a partnership with Starwood.
Chinese outbound travel – OTAs figure prominently in hotel distribution mix
08/27/2015|6:07:31 PM|
For hotel companies targeting Chinese outbound travel segment, the reliance on OTAs is important at this juncture.
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