Search results for “tourism investment”
Travel industry veterans discuss the competition landscape after industry consolidation
05/19/2016|3:06:53 PM|
This year’s China Hotel and Marketing Conference hosted by ChinaTravelNews announced its grand opening yesterday in Shanghai.
LY.com taps into TMC segment by funding DT Travel
05/04/2016|8:47:36 PM|
LY.com announced that it has invested in DT Travel’s series A round. The move will help it expand in the TMC segment, which is estimated to be turning over more than RMB 100 billion and is expected to grow by 15%-20% annually for the next five years
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
HNA-Caissa’s net income leaps 129.72% in 2015
03/08/2016|6:30:42 AM|
HNA-Caissa recorded annual revenue of RMB 4.935 billion in 2015, with travel service accounting for RMB 4.259 billion. Net income applicable to common shareholders was RMB 206 million, up by 129.72% YoY.
Chinese Premier vows to embrace a new era of mass tourism
03/07/2016|6:31:47 AM|
Chinese Premier Li Keqiang said the government would cut import tariffs on some consumer goods and increase the number of duty-free stores to ensure people can afford their paid vacations, strengthen the development of tourist and transport facilities, scenic spots and tourist sites, and recreational vehicle parks.
Ningbo Airlines officially registered with RMB one billion
04/05/2016|10:12:07 PM|
Ningbo Airlines was inaugurated on March 25 with a registered capital of RMB one billion
Spring Airlines plans second hotel in Japan
03/31/2016|2:00:54 PM|
Spring Airlines will leverage its Japan flights to feed customers to the impending hotel in Osaka and provide a guaranteed level of business for the hotel, instead of injecting capital into this joint project with XYMAX Group.
Joyu Group captures RMB 800 million funding to kickstart crossover of drama IP with travel and internet
02/05/2016|6:44:01 PM|
Joyu Group has gained RMB 800 million funding from a group of investors including Huace Film & TV on February 4. The deal will kickstart a new era for crossover collaboration between China’s movie and tv show giants and tourism destination operators.
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