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Tuniu Announces Strategies for Hotel Booking, Themed Tours, and Air Ticketing
01/22/2016|11:19:00 PM|
New Initiatives to Cement Tuniu’s Position as One-Stop Platform for Chinese Leisure Travellers.
China outbound travel surges to 120 million trips with strong demand for shopping
12/08/2015|5:53:12 PM|
China is world’s largest outbound travel market for the third year runnning, as the growth rate for outbound travel volume is expected to reach 16% this year.
Runaway growth in China’s outbound travel may slow down
12/03/2015|6:03:09 PM|
Slowing economy, devaluing yuan and plummeting stock market will likely dampen the outbound travel enthusiasm of Chinese tourists.
Volunteering travel platform Hive gets US$6.5 million financing
11/17/2015|10:12:34 AM|
Volunteering and travel platform Hive announced it received a US$6.5 million financing led by CDH Fund and Will Hunting Capital.
Huazhu Hotels's gets a hand in in Homeinns with 5% acquisition for US$68 million
11/13/2015|10:45:19 AM|
Huazhu Hotels acquired a 5% stake in Homeinns for RMB435 million to inflate Homeinns's share price and thus push up the price of its proposed privatization.
China purchases 130 aircraft from Airbus during Merkel’s visit
10/30/2015|2:54:45 PM|
China signed an order with Airbus worth US$9.7 billion for 100 A320 aircraft during the talks between German Chancellor Angela Merkel and Chinese Premier Li Keqiang.
Priceline increases its stake in Ctrip to 12.63%
10/21/2015|11:11:11 AM|
Priceline purchased from 5,600 to 129,200 of Ctrip’s ADS which brings Priceline’s holdings stake in Ctrip up to 12.63% in total.
Hong Kong Airlines holds IPO plan
09/16/2015|10:57:07 PM|
Affected by the recent lackluster performance of the stock market, Hong Kong Airlines has reportedly shelved its plan to go public in Hong Kong in Q4 of this year.
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