Search results for “tourism economy”
PGC trip planning service Youpu raises multi-million yuan financing
09/22/2015|4:43:08 PM|
Youpu, a startup specializing in independent itinerary planning for outbound travel, announced it raised several million yuan in its A Series financing round.
Chinese outbound travel – OTAs figure prominently in hotel distribution mix
08/27/2015|6:07:31 PM|
For hotel companies targeting Chinese outbound travel segment, the reliance on OTAs is important at this juncture.
New innovations take the stage at TravelDaily Lab
09/20/2015|10:30:26 AM|
Finally, with bated breath, both the TravelDaily Innovator Award and People’s Choice Award of the event were presented to shopping site, shopnfly.
HK retail industry facing massive closures after drastic drop in mainland visitor number
08/27/2015|3:04:10 PM|
Arrivals to Hong Kong in the first half of 2015 grew only 2.8%, the slowest rate of growth since 2009 and retail industry is bracing itself for a wave of shop closures.
RMB devaluation to have limited immediate effect on tourism
08/13/2015|6:16:06 PM|
Although outbound tourism will be adversely affected by the RMB’s exchange rate if it continues to fall, immediate effects are expected to be limited.
Pioneer Global to buy Intercontinental HK in US$938 million deal
09/10/2015|4:04:16 PM|
Pioneer Global will join hands with Gateway Capital to invest US$938 million to acquire the Intercontinental Hong Kong.
International hotel groups beat hasty retreat from China market
07/10/2015|10:07:03 AM|
A hotel ranking list based on room counts shows local economy hotel chains topping the charts while major international hotel groups are shrinking in scale.
Jin Jiang Hotels earns 49.2% more y-o-y for shareholders in first half
09/01/2015|7:21:16 PM|
Shanghai Jin Jiang International Hotels Group chalked up 50.5% increase in operating profit, totaling RMB1.325 billion in the first half of the year.
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40% of China-Japan flights slashed: where is the capacity shifting?

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Over 40% of China–Japan flights in December canceled, with more than 1,900 services cut

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Trip.com Group reports 16% rise in Q3 revenue, inbound travel bookings surge over 100%

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