Search results for “island travel”
China's home-sharing site surpasses Airbnb
China’s largest vacation rental website Tujia.com has grown from an unknown to a unicorn surpassing the $1 billion market valuation
Fosun to tap China’s travel market by strategic projects
Fosun launched a brand-new Club Med resort in Sanya as it sets sight also on the billion-yuan Atlantis Project; the privately-held company is considering spinning off its travel business for an independent listing
HNA Group extends European foray in deal with forex provider ICE
HNA Tourism has agreed to buy global foreign exchange specialist ICE, from UK-based investment holding company Lenlyn Holdings Limited for an undisclosed fee
Travel agency GuangZhiLv acquires outbound wholesaler HuangGuanMeiTu
GuangZhiLv has formed a Hunan branch with HuangGuanMeiTu after acquiring the wholesaler in central China that specializes in short-haul tours to Southeast Asian destinations
Asia’s budget hotel aggregators spread their wings
Asia’s established budget hotel aggregators continue to expand at the same time as new investors pump cash into the sector. Hotel aggregators in India and Indonesia will embrace a golden time in this segmented market.
Chinese tourists seeking experiences rather than just buying
Chinese travelers are more fascinated by local life and customs abroad, although shopping continued to be an important part of vacations.
Hainan Airlines gains 16% earnings growth, buoyed by cheaper oil
Hainan Airlines, the biggest private airline in China, posted a 16% jump in full-year profit as oil prices tumbled, though the gain was limited by foreign-exchange losses.
Why intermodal is the new interline
Today, traffic has already shifted from air to rail; especially on shorter routes within Europe. However, these transportation models will not pose threat to airlines becasue intermodal traffic will become a trend.
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