Hainan Airlines is boldly attempting to achieve its dream of globalization through a series of acquisitions which have increased in intesity since 2010.
HNA Group has made a firm offer to acquire the FRAM Group at a reported fixed price of 40 million euros.
More and more travel companies are looking at alternative form of payments (AFPs) such as Alipay, offering Chinese consumers a diverse set of payment options.
China’s outbound travel market grew 36.6% y-o-y during the four-day National Day Holiday. Japan, Korea and Thailand the top three outbound destinations.
Following its recent introduction of e-visas for Chinese nationals, India is stepping up its efforts to provide convenient visa service for Chinese visitors.
Trust International has entered a partnership with Triptease to bring the innovative Price Check widget to Trust’s global hotel group portfolio.
The Japanese aviation market is driving of Spring Airlines ambitious “global airline strategy” to have 43 international routes carrying 30% of its total capacity.
Zaiseoul, a Korean tourism service for Chinese visitors, announced it received US$3 million from Korea-based NICE Group in a Series A financing round.
