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Global theme parks: Disney remains No. 1, China set to surpass US
Theme parks in China will have more attendances than those in the US by 2020, according to a global theme park report by AECOM and TEA.
China's HNA to tap M&A brake after 50 billion dollars deal splurge
Chinese conglomerate HNA Group intends to slow the pace, or at least the size, of its acquisitions overseas after USD 50 billion deal splurge.
Hostel booking startup bags series A for easier student accommodation
The Malaysian student accommodation platform HostelHunting bags Series A round and plans to expand business market beyond Malaysia, Singapore and Thailand.
Airbnb names an executive to run operations in China
After a long search for an executive to run operations in China, Airbnb Inc. finally named an existing executive--Hong Ge as vice president.
Tech startup to open the world’s first VR theme park this year
SoReal, a startup co-founded by Chinese film director Zhang Yimou, is preparing to open this year what it bills to be the world’s first VR theme park. Researcher IDC predicts China will overtake US as the world’s largest VR market in 2019.
How airlines can acquire an innovation mindset?
Kieron Branagan, CEO of OpenJaw, a travel tech firm and subsidiary of TravelSky, reflects on innovation strategies for the airline business, based on external research as well as the company's internal efforts.
Growing pains of China's home-sharing industry
House sharing is increasingly popular in China, but a plethora of problems have emerged and need to be addressed.
China outbound tourism to see steady, slower rise: CNTA data
Visits by China's outbound tourists are forecast to reach 150 million in 2020 from 117 million in 2015, up 5.09% each year, according to the country's tourism authority.
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