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Double-digit growth in Chinese outbound travelers continues for the 12th year
01/30/2016|4:05:17 PM|
China remains a leading force in the global market of outbound tourism with Chinese outbound visitors increasing at a double-digit rate for 12 years in a row.
Chinese tourists embrace new ways of travel in 2016
02/03/2016|11:38:15 AM|
Novel outbound travel, family tour and cruise vacations is expected to grow significantly in 2016 as the Chinese population enjoy better quality of life and the tourism sector is offering better-quality service.
China Southern’s 2015 net income exceeds RMB 3.7 billion
01/28/2016|11:16:34 AM|
China Southern Airlines finished the year of 2015 with flying colors, reporting net income estimated to exceed RMB 3.7 billion, the preliminary estimate of net income attributable to shareholders in 2015 shows y-o-y increase of between 110%-130%.
China’s tour operators organize 11% more outbound trips in Q3 2015
12/29/2015|11:15:58 PM|
China has released the results of the national tour operators survey for Q3 2015 showing performance by region and industry segment.
iOS 9.2 supports UnionPay via Apple Pay in China
12/10/2015|12:02:30 PM|
As Apple launches iOS 9.2 in China, netizens have found that Apple Pay supports UnionPay, making it possible to use Apple Pay domestically.
China outbound travel surges to 120 million trips with strong demand for shopping
12/08/2015|5:53:12 PM|
China is world’s largest outbound travel market for the third year runnning, as the growth rate for outbound travel volume is expected to reach 16% this year.
Meituan-Dianping raise US$2.8 billion in financing
12/23/2015|9:29:03 PM|
Meituan-Dianping has already raised US$2.8 billion in financing as of mid-December this year through the issuance of Class B shares.
China Lodging completes acquisition of Crystal Orange Hotel
05/31/2017|11:12:22 AM|
China Lodging Group (Huazhu Hotels) announced that it has closed the acquisition of Crystal Orange Hotels for RMB 3.65 billion (USD 540 million).
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