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Two-thirds of Chinese tourists are embracing themed travel

Two-thirds of Chinese tourists are embracing themed travel

Three in five urban Chinese respondents are motivated to try themed travel as a suitable hobby (66%) or an in-depth experience (64%).

09/30/2019|3:24:10 PM|Inside Retail Hong Kong
EbixCash takes over Cox & Kings’ business travel unit in India

EbixCash takes over Cox & Kings’ business travel unit in India

Cox & Kings is $500 million in debt. Fears are rising that the company may meet the same fate as Thomas Cook, the world-famous travel brand which collapsed after 178 years in the industry.

09/29/2019|4:17:16 PM|Skift
Chinese tour groups to Hong Kong plunge 86% for Golden Week

Chinese tour groups to Hong Kong plunge 86% for Golden Week

Chinese group tours for the holiday are set to plunge 86% compared to last year, and flight prices from Shanghai to Hong Kong are 38% cheaper, and only 30% of hotel rooms are booked for the time.

09/27/2019|3:45:50 PM|Bloomberg
Thomas Cook’s demise scuttles Fosun’s goal of a global leisure empire

Thomas Cook’s demise scuttles Fosun’s goal of a global leisure empire

The collapse of Thomas Cook may not be an entirely bad thing for Fosun.

09/24/2019|2:18:15 PM|SCMP
Social e-commerce platform Pinduoduo hints at travel booking

Social e-commerce platform Pinduoduo hints at travel booking

The company may not take travel as one of its strategic growth businesses. But it might still be adding more travel-related offerings on its platform to explore all potential for monetization of user traffic.

09/21/2019|12:21:45 AM|ChinaTravelNews
Activities startup KKDay secures $10m from Japan's government-sponsored fund

Activities startup KKDay secures $10m from Japan's government-sponsored fund

Following the funds from Japanese travel agency H.I.S., LINE Ventures and China's Alibaba Group, the latest investment KKDay receives will boost its overall growth and further development in Japan.

09/02/2019|4:02:10 PM|Bnext
China's domestic arrivals to grow 8.8% to reach 3.08 billion in H1 2019

China's domestic arrivals to grow 8.8% to reach 3.08 billion in H1 2019

All together generating tourism revenue of RMB 2.78 trillion, up by 13.5% over the same period of last year.

08/20/2019|2:57:46 PM|HVS
Fosun Tourism's half-year revenues rise 35.9% to RMB 9,062.7 million

Fosun Tourism's half-year revenues rise 35.9% to RMB 9,062.7 million

Resorts and destination operations revenue increased by 12.1% to RMB6,052.0 million for the six months ended 30 June 2019.

08/19/2019|3:00:26 PM|Fosun Tourism Group
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