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China’s tourism investment reaching 1 trillion yuan in 2015
05/04/2016|9:22:53 PM|
Tourism investment in China hiked 42% in 2015 and reached 1.0072 trillion yuan, according to a tourism green paper published by Chinese Academy of Social Science (CASS).
Chinese tourist arrivals to US surge 53% in 2015
04/12/2016|8:13:32 AM|
Chinese tourist traffic to US grew by 53% YoY in 2015, after the US government extended the validity of multiple entry visas for Chinese visitors to 10 years in 2014
Chinese outbound spending up by 16.7%, buying 46% of global luxury goods
04/08/2016|8:31:11 AM|
Global tourism has experienced growth for six years in a row, contributing 10% to world GDP and creating 9.5% of jobs globally, according to WTTC.
Expedia reports Q4 and FY2015 results
02/11/2016|5:57:39 PM|
On February 10 Expedia announced financial results for the fourth quarter and full year 2015 with its gross bookings increased 40% and revenue increased 29% year-over-year in the fourth quarter of 2015.
Chinese travelers spend over USD 100 billion overseas in 2015
02/04/2016|6:08:26 PM|
Chinese outbound visitor traffic in 2015 reached 120 million, up by 12% YoY, and they spent USD 104.5 billion, increased by 16.7% YoY.
2016 Hoscar winners announced: best hostels around the world
01/19/2016|10:42:31 AM|
Hostelworld reveals award winning hostels based on 1 million customer reviews.Best large hostel category has been shaken-up, with four new hostels taking the stage.
Nanshan Group acquires the Pullman Sydney Airport Hotel for AUD$84 million
12/15/2015|11:16:31 PM|
Chinese conglomerate Nanshan Group has acquired the Pullman Sydney Airport Hotel for approximately AUD$84 million.
China becomes the top visitor source for many nations
12/03/2015|5:06:33 PM|
China has become the biggest visitor source market for the UK visitor visas issued to Chinese visitors exceeded those issued to Indian and US nationals.
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Trip.com Group reports 70% rise in Q1 international OTA platform revenue

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China, Japan and South Korea target 40 million tourist exchanges by 2030

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