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Potential bidders circle Thomas Cook as it hires turnaround specialist

Potential bidders circle Thomas Cook as it hires turnaround specialist

EU rules banning majority foreign ownership would block Fosun from running Thomas Cook’s airline arm.

04/22/2019|4:06:21 PM|The Guardian
Why tourists to China will see less shine and more soul

Why tourists to China will see less shine and more soul

The government has doubled down on this kind of “targeted” stimulus, emphasizing the role of consumption and the promotion of a long-standing shift toward services and higher-value manufacturing — and away from expensive mega-projects.

04/15/2019|10:58:16 AM|Bloomberg
China travel site Ctrip reportedly plans $800 million convertible bond sale

China travel site Ctrip reportedly plans $800 million convertible bond sale

Deliberations about the fundraising are ongoing, and there’s no certainty they will lead to a transaction, said the people.

04/11/2019|9:49:57 AM|Bloomberg
Tour operation information solution provider raises 3.5 million yuan

Tour operation information solution provider raises 3.5 million yuan

Yuntui Technology has worked out a development roadmap for building a SaaS online marketing and management system, interconnectivity between the supply chain and sales chain and data mining for corporate data analysis and data-based decision making.

04/10/2019|2:54:43 PM|ChinaTravelNews
Travel website removes countries without diplomatic ties with China

Travel website removes countries without diplomatic ties with China

When searching "Palau and Mafengwo" in Google, the results were dead ends. Other countries that have no search results include Guatemala, Haiti and the Vatican.

04/08/2019|10:25:03 AM|NikkeiAsianReview
Companies fall short on traveller wellness

Companies fall short on traveller wellness

While 55% of those polled said their companies have an employee wellness programme in place, only 11% designed a programme specifically for travellers.

04/02/2019|4:10:15 PM|BuyingBusinessTravel
Traveler survey yields insights into booking behaviors

Traveler survey yields insights into booking behaviors

There appears to be a serious risk of potential customers being intercepted before reaching OTA services, by Google or perhaps the return of Amazon to the travel space.

04/01/2019|10:44:46 AM|HotelNewsNow
CYTS, Jiaweishijie join hands to take 10% stake in Gubei Water Town Tours

CYTS, Jiaweishijie join hands to take 10% stake in Gubei Water Town Tours

CYTS Tours will pay RMB 438.7 million for a 5.1% stake through the deal, the Beijing-based tour operator said. Zhuhai-based Jiaweishijie will take a 4.8% share for RMB 411.3 million.

03/01/2019|9:16:11 AM|YiCai Global
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