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Joyu Group gets US$80 million investment from Jin Jiang International

06/01/2015|9:14:22 PM|

Joyu Group has received a RMB500 million strategic investment from Jin Jiang International to help it establish the largest one-stop travel O2O group in China.

China’s tourism statistics for Q4 2014

02/27/2015|9:53:35 AM|

The CNTA published Q4 tourism statistics for 2014 with data on domestic,inbound and outbound tourism markets from 26,005 travel companies.

JV Jiangxi Airlines gets CAAC approval and US$319 million investment

03/03/2015|9:47:43 AM|

The establishment of Jiangxi Airlines with RMB2 billion registered capital has been approved by the CAAC East China administrative bureau.

Wanda Hotels revenue plummets US$150 million in 2014

02/27/2015|5:08:49 PM|

Wanda Hotels 2014 revenue dropped HK$1.162 billion and the value of its property investments in Fujian Province decreased HK$147 million.

China’s hotels register 58.31% AOR in Q3

12/30/2014|5:24:39 PM|

China’s star-rated hotels had total revenues of RMB54.816 billion at average occupancy rate (AOR) of 58.31% in Q3 of 2014.

More mainland cities lined up for independent travel to Taiwan

12/10/2014|11:34:47 AM|

The newly approved cities, will likely include provincial capitals Haikou, Lanzhou, Yingchuan and Hohhot and will boost the number of approved cities to 46 cities.

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