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BCD Travel takes majority stake in Japanese partner Hitachi Travel Bureau
07/01/2019|7:01:08 PM|
The deal gives BCD Travel controlling interest in their operations in Japan, one of Asia Pacific’s most important markets for corporate travel.
Club Med launches new flagship resort in French Alps
01/03/2019|2:45:17 PM|
After 18 months of construction, Club Med Les Arcs Panorama should welcome this winter season over 13,000 clients from 40 different nations.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018|11:58:59 AM|
Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
China contributes 4.53 billion to 11.88 billion world tourist arrivals
01/24/2018|9:43:37 AM|
In 2018 the number of world tourist arrivals will increase to 12.67 billion, which will be 1.7 times the world population, according to World Tourism Cities Federation (WTCF).
ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017|2:15:13 PM|
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
HNA Group invested in Azul Brazilian Airlines
11/25/2015|6:03:51 PM|
HNA Group to make USD $450 million strategic investment in Azul for 23.7% stake
Deals Roundup: Travel finance has a long way to go
09/24/2016|9:26:13 AM|
A look at potential development of travel finance for consumers and suppliers, and a roundup of financing deals in travel industry:
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.
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GBTA launches global equity program to support business travel professionals in emerging markets through sponsored memberships

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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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