Search results for “outbound tourism”
Utour jointly invests in US$322 million outbound tourism investment fund
08/10/2015|4:09:13 PM|
Utour will invest in a 10% stake in JV tourism investment company Tianjin Youtou Jinding Investment.
Destination booking service Klook closes $30 million round led by Sequoia
03/03/2017|11:57:18 AM|
Travel experience reservation platform Klook announced on March 2 that it has raised USD 30 million in its B round funding, which had Sequoia Capital China as lead investor.
Tourism reports point to rising diplomatic value of China's outbound travel
08/31/2015|6:05:17 PM|
By the end of 2014, 117 destination countries were receiving tour groups from China, underscoring the clout of the nation's “tourism diplomacy”.
UTour drops planned 2.6-billion-yuan takeover of HuaYuan
02/06/2017|9:47:42 AM|
Outbound tour operator UTour announced on February 2 that it has decided to pull the plug on the plan of fully acquiring HuaYuan travel agency for RMB 2.6 billion, “due to policy changes.”
UTour revenue skyrockets by 98.4% in 2015
02/29/2016|11:25:34 PM|
The Chinese outbound travel and MICE services operator UTour reported 98.4% revenue growth for 2015, to RMB 8.366 billion, and operating profit also went up by 79.17% to RMB 259 million.
CNTA: holiday travel in China still growing
02/15/2016|11:21:36 AM|
Travel continued to grow during this year’s Spring Festival holidays, as the market offered a diversified range of travel products such as tours of heritage towns, hot-spring wellness holidays, and fun on ice and snow. As well, outbound tourism has become a mainstay.
Chinese travelers spend over USD 100 billion overseas in 2015
02/04/2016|6:08:26 PM|
Chinese outbound visitor traffic in 2015 reached 120 million, up by 12% YoY, and they spent USD 104.5 billion, increased by 16.7% YoY.
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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