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L.A. Tourism trains sights on China market in run up to 2016 China-US tourism year
11/04/2015|9:31:18 AM|
Last year we had over 20% growth y-o-y in arrivals and we’re expecting that kind of compounded growth for the next three to five years.
UCAR completes restructuring and may go public this year
02/18/2016|8:41:58 AM|
UCAR has completed its restructuring and is considering a listing on either the New Third Board or the Strategic Emerging Board, the former preferred. The company is not planning a C-round funding before listing.
China set to become world’s largest business travel market
02/02/2016|11:00:36 PM|
China’s inbound and outbound tourism traffic is expected to grow 5% in 2016, to 263 million, of which inbound tourist arrivals are expected to increase by 2.5% to 137 million, while outbound tourism traffic will increase by 8% to 126 million.
China boasts 250 million inbound and outbound visitor traffic in 2015
02/02/2016|11:38:50 AM|
In addition to a domestic travel market in excess of 4 billion people, China also handled more than 250 million inbound and outbound visitors in 2015, and the tourism sector contributed more than 10% of the domestic economy and employments.
A bite of China’s mobile payments pie – now Apple Pay wants it too
02/23/2016|9:56:19 AM|
Can Apple Pay take on Alipay and Tenpay in China? It’s going to be a herculean task, but Apple is optimistic going by its current level of growth in this market.
Ctrip uncontested after merging with Qunar
10/27/2015|10:01:40 AM|
As the final chapter of the bitter rivalry between Ctrip and Qunar ends, the next question to consider is: Who will be the next challenger to an all-powerful Ctrip?
Homeinns optimistic about achieving higher margin revenue contribution
11/10/2015|5:48:42 PM|
The hotel chain continues to be bullish about its hotel development pipeline, as well as its frequent guests program which rose to 47m members in Q3.
Tripeasy raises US$4.7 million to complete service chain in Palau
11/09/2015|6:17:22 PM|
Guangzhou-based Tripeasy has received an A Series financing worth RMB30 million from Guangdong Culture Industry Investment and Tempus Global.
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