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China Southern’s 2014 annual revenue up 10.38% while profits continue slide
04/01/2015|12:08:02 PM|
China Southern is the only one one of the five major listed Chinese carriers with decreasing profitability. Its decline has lasted for two years.
Shanghai inbound tourism shows signs of recovery with 4.5% annual growth
03/23/2015|9:39:01 AM|
“The 4.5% growth in inbound number last year was a major highlight for Shanghai,” a tourism industry observer said.
Shiji Technologies to acquire 25 million euro stake in hotel IT company SnapShot
03/17/2015|2:28:07 PM|
Shiji Technologies will invest 25 million euros to acquire 55.45% equity, of Austrian hotel data management company SnapShot.
Spring Festival outbound traffic up 10%
02/25/2015|3:58:33 PM|
Outbound travel from China during the Spring Festival holidays from February 18 to 24 leapt 10% year on year totaling 5.182 million trips.
Vacation booking startup Yueyang Dujia gets multi-million US$ funding
03/11/2015|9:31:17 AM|
Yueyang Dujia has raised a Series A capital investment worth multi-million US dollars from iStart.
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.
Destinations court travelers from China’s dominant outbound tourism market
02/09/2015|10:11:35 AM|
Global destinations in Asia and the US are stepping up efforts to wootravelers as from the world’s top outbound market with major consumption power
Chinese carriers seek to challenge US dominance in China-US airline market
02/12/2015|11:45:27 AM|
A new era of growth and competition is expected for US and Chinese carriers following the Sino-US bilateral visa extension policy in November 2014.
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