Search results for “domestic tourism”
Ctrip gains from virtuous cycle in a category that continues to grow
09/02/2016|11:47:07 PM|
Ctrip asserts the one-stop travel shopping model is suave, and the scale that can be achieved will be significant going forward.
Octopus receives RMB 170 million in B round backed by Tempus Global
08/25/2016|10:46:42 AM|
A Tempus Global-led group planned to inject RMB 170 million into Octopus. Tempus Global will acquire a 4.17% stake in Octopus for RMB 50 million.
UTour’s outbound wholesale revenue climb 59% in first half of 2016
08/22/2016|9:56:02 AM|
UTour’s operating revenue grew 41.99% to RMB 4.453 billion in first six months. Revenue from its outbound wholesale business was RMB 3.43 billion, up by 59.03% YoY.
China’s tourism investment reaching 1 trillion yuan in 2015
05/04/2016|9:22:53 PM|
Tourism investment in China hiked 42% in 2015 and reached 1.0072 trillion yuan, according to a tourism green paper published by Chinese Academy of Social Science (CASS).
Travelsky completes OpenJaw takeover for USD 39.4 million
05/10/2016|1:33:21 PM|
Travelsky has completed its full acquisition of OpenJaw, a wholly-owned subsidiary of GuestLogix, in a USD39.4-million deal that is TravelSky’s first overseas purchase since its inauguration
HNA-Caissa aborts Capital Airlines acquisition, turning to expand outbound services
05/10/2016|10:31:19 PM|
HNA-Caissa has decided to walk away from its bid for Capital Airlines, and instead will raise up to RMB 8 billion via private placement to expand outbound tour services
Chinese Premier vows to embrace a new era of mass tourism
03/07/2016|6:31:47 AM|
Chinese Premier Li Keqiang said the government would cut import tariffs on some consumer goods and increase the number of duty-free stores to ensure people can afford their paid vacations, strengthen the development of tourist and transport facilities, scenic spots and tourist sites, and recreational vehicle parks.
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.
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