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Hilton aims at 1,000 hotels in China; TikTok parent founds travel agency | Daily Brief
12/16/2020|12:13:02 AM|
Deutsche Hospitality to expand in China with two Steigenberger hotels; ITB China announces two industry events in Beijing and Shanghai next year.
China sees growing parent-child tourism
06/04/2019|6:25:16 PM|
China is seeing a growing market of parent-child tours, which account for up to 60 percent of the overall domestic and overseas travels, according to a survey conducted by the China Tourism Academy.
Parent Huatian pours USD310 million into China's first private airline Okay Airways
07/26/2019|1:20:39 PM|
Yuanfu Changshuo Equity Investment Partnership and Qianhai Qiushi Investment Holding poured over CNY3 billion into Huatian Investment, and CNY2.1 billion of the sum went to Okay Airways.
Parent of China Southern receives $4 billion cash injection for overseas expansion
07/22/2019|10:24:36 AM|
The proceeds will be used primarily to boost China Southern’s core air transport business, and “in line with the Belt and Road Initiative and the Guangdong-Hong Kong-Macau Greater Bay Area strategy”.
Delta buys 4.3% stake in Korean Air parent, seeks to expand in Asia
06/21/2019|4:49:31 PM|
The two airlines are members of the SkyTeam alliance and formed a joint venture last year that includes 290 U.S. destinations and over 80 in Asia.
Air Canada agrees to acquire Air Transat parent company
05/20/2019|3:39:34 PM|
The deal is subject to agreement on the final terms and to shareholder and regulatory approval.
Trip.com data: rising demand for quality family trips
01/19/2021|6:22:55 PM|
About 45% of the family travelers opted for four- or five-star hotels.
Cathay Dragon chief to take top job at Hong Kong newcomer Greater Bay Airlines
12/29/2020|10:27:11 AM|
Industry veteran Algernon Yau is retiring from Cathay Group after nearly four decades with the company Cathay axed its Dragon airline earlier this year.
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