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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.

WTTC: China will top in tourism investment by 2025

08/26/2015|8:40:38 AM|

The World Travel and Tourism Council projects that China’s investments in tourism, estimated to total US$278.7 billion, will overtake the USA by 2025.

IATA ranks China Southern third largest airline in the world

06/10/2015|8:14:55 PM|

China Southern Airlines has become the world’s third largest airline having carried more than 100 million passengers/trips annually, according to IATA.

Air China and Hainan Airlines partner with South African Airways

04/17/2015|3:18:00 PM|

SAA, Air China and Hainan Airlines are discussing a partnership to build an African aviation hub and possibily take equity in the struggling South African carrier.

Air China confirms SAA partnership but denies acquisition rumor

04/20/2015|3:21:25 PM|

Air China has denied rumours it is buying into South Africa Airways while confirming that it is forming a partnership with SAA.

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