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Charter bus service platform Webus raises USD 8 million in Nasdaq IPO

03/14/2025|10:55:20 PM|

Webus launched sub-brand Wetour to offer customized outbound services for Chinese travelers.

Chengdu's first Hilton hotel sold for USD 69 million

02/24/2025|5:05:51 PM|

In less than five years, China has seen a reduction of over 100 five-star hotels.

Chinese car rental firm earns USD 14 million annually in APAC

01/16/2025|7:42:54 PM|

In 2024, overseas car rentals by Chinese tourists surged by over 700% year-over-year.

14th China-U.S. Tourism Leadership Summit kicks off in Xi'an

05/23/2024|2:00:54 PM|

The return of Chinese visitors is critical for the U.S. tourism industry.

Tokyo Disney considers price cuts, while Shanghai and Hong Kong remain expensive

06/13/2025|5:05:29 PM|

As the only Disney resort worldwide operating under a licensing model, Tokyo Disney continues to post strong profits.

Trip.com Group to reduce MakeMyTrip stake in strategic move

06/17/2025|7:53:16 PM|

The move aims to "optimize investment portfolio and enhance shareholder returns".

Thailand's tourism takes a hit amid falling Chinese arrivals

06/24/2025|8:24:05 PM|

China is no longer Thailand’s top source of international tourists.

Soaring prices, slipping service: Japan’s hotel industry faces a summer test

06/10/2025|5:48:35 PM|

The average room rate at major Japanese hotels has risen by approximately 40% compared to 2019.

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