Search results for “luxury market”
China’s cruise industry projected to create 460 billion yuan by 2035
08/10/2018|9:19:56 AM|
Asia’s cruise market is sailing into a golden era, powered by significant growth in China. By 2035, China’s cruise industry is projected to generate 460 billion yuan in revenue.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018|11:58:59 AM|
Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
Huazhu Group ranked as world’s 4th highest value hotel group
06/28/2018|10:02:03 AM|
The Chinese hotel group had a market capitalization of around USD 12.8 billion as of June 26, trailing just behind Marriott, Hilton and Accor.
ChinaTravelNews Briefing: ITB China raises insights, Hyatt flagship store debuts on Ctrip
06/01/2018|6:02:57 PM|
ITB China 2018 concluded with high hopes for China’s tourism growth, Ctrip brought in Hyatt flagship store, and more Chinese tourists are heading to Europe destinations and Russia.
Europe sees 35% growth in Chinese visitors, luxury travel need up by 39.2%
05/25/2018|8:41:31 AM|
In the first quarter of 2018, the number of Chinese tourists bound for Europe increased by 35% YoY, making Europe the second-most popular destination with a 9% market share, second only to Asia.
Ctrip teams with Hyatt to open its first flagship store
05/18/2018|9:33:23 AM|
The online flagship store allows over 300 million Ctrip members to access Hyatt hotels in the Greater China region and will extend to Hyatt hotels globally in the near future.
5% surge in ITB Berlin volume bodes well for global travel industry
03/12/2018|3:53:37 PM|
ITB Berlin, attended by 110,000 trade visitors and registered 5% increase in business volume, reaffirms its position as the World’s Leading Travel Trade Show.
Experts to take stage at ITB China Conference 2018
01/25/2018|5:00:08 PM|
Power packed program includes sessions by Ctrip, Google, Tencent, VisitFinland, Wyndham Hotels and three new areas of focus: Unique Travel, Business Travel and Education & Job Day.
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