Search results for “overseas travel”
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
Chinese outbound spending up by 16.7%, buying 46% of global luxury goods
04/08/2016|8:31:11 AM|
Global tourism has experienced growth for six years in a row, contributing 10% to world GDP and creating 9.5% of jobs globally, according to WTTC.
Chinese buyers spend USD 2.6 billion on US hotel property acquisitions in 2015
04/12/2016|8:13:56 AM|
Chinese companies splashed out USD 2.6 billion on buying US hotel properties in 2015 and the buying spree is expected to keep on
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).
Outbound travel service Baicheng gets New Third Board listing
04/27/2016|2:55:04 PM|
Beijing Baicheng International Travel was listed on New Third Board on April 22; Alibaba holds 16.47% stake in the travel agency as the second largest shareholder
Fosun to tap China’s travel market by strategic projects
04/27/2016|7:53:53 AM|
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
Uthing completes Huiwan acquisition to tap outbound chauffeured market
04/21/2016|8:01:23 AM|
Customized travel platform Uthing finished the merger with overseas chauffeured service provider Huiwan this April and the new entity will extend its services to a broader range of overseas destinations
Bullish outlooks for Chinese airlines as they emerge from exchange rate hits
04/24/2016|7:57:59 AM|
China’s carriers are enjoying more favorable outlooks than their overseas counterparts, thanks to cheap oil price, great domestic demand and supportive regulatory policies, but it remains to be seen if the advantage can be sustained
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