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China Southern applies to CAAC for Chengdu HQ
05/29/2015|4:45:20 PM|
China Southern Airlines has submitted an application to set up a headquarters with Civil Aviation Authority of China's Southwest Regional Administration.
CAR Inc open to venturing into “auto-related” business areas
05/28/2015|9:27:51 PM|
CAR Inc's latest quarterly results have been an extension of its solid 2014 performance with gross profit up by 97% y-o-y to RMB1,239 million last year.
New trends in Chinese luxury shopping and overseas spending
05/26/2015|10:34:00 AM|
While visitors expenditure in Europe in April was up 40.4% y-o-y, it paled in comparison to the 93% increase in other regions.
China Southern cuts all air ticket commissions
05/07/2015|11:00:34 AM|
China Southern Airlines has announced it will stop its 1% agent commissions triggering speculation that the “zero commissions” era for air ticketing is imminent.
Huazhu Hotels abruptly ends partnership with leading OTAs
04/29/2015|10:17:47 AM|
Huazhu Hotels announced it would terminate its partnership with–Qunar, Ctrip and eLong – for breach of contract terms.
China’s OTAs net US$14 billion in transactions in Q1 2015
05/18/2015|10:47:22 PM|
China’s OTA market recorded RMB87.5 billion in transactions during the first quarter of 2015 an increase q-o-q of 11.7% and 29.2% y-o-y.
Chinese hotel groups get ready for new battles
05/15/2015|10:51:45 PM|
Chinese hotels are under pressure, with wobbling RevPAR adversely impacting the overall profitability in Q1.
Low yen propels Japan ahead of Korea in attracting Chinese tourists
04/27/2015|9:39:19 AM|
The Japanese yen has fallen to a seven year low against the Korean won, fueling the Japan craze among Chinese tourists at the expense of arrivals to Korea.
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