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Chinese real estate company buys luxury travel firm A&K for $412 million
10/17/2017|10:50:07 AM|
Neo Dynasty, an overseas subsidiary of Chinese real estate and investment company Zhonghong Group, has closed the acquisition of 90.5% stake in luxury travel firm Abercrombie & Kent for $412 million.
Ctrip Gourmet List joins forces with Alibaba's Koubei in catering services
09/28/2017|4:59:51 PM|
Ctrip Gourmet List will work with a myriad of domestic restaurants of Alibaba-backed Koubei to create a platform for integrating complementary food and destination activities.
Shanghai Free Trade Zone to establish wholly foreign-owned travel agencies
09/27/2017|8:42:43 AM|
China (Shanghai) Pilot Free Trade Zone was officially approved to let foreign-owned travel agencies carry out pilot outbound travel business.
China's travel club Yuelvhui completes an angel round
09/21/2017|10:37:14 AM|
The business mode of Yuelvhui is to “expand lifestyle and travel IP on top of meeting basic travel demands”.
China’s airlines handle 363 million passengers in January-August, up 12.6%
09/19/2017|7:07:04 PM|
In January-August, the passenger volume of domestic air routes rose 13.5% to 326 million and the number of passengers carried by international air routes by 5.0% to 36.922 million, according to CAAC.
80% Chinese tourism companies report robust growth in interim results
09/04/2017|9:58:27 AM|
Nearly 80% of the listed tourism companies in China achieved growth in H1 2017. BTG Hotels, Caissa, CYTS and other companies saw net income attributable to stake holders surged by over 500%.
Building the bridge between East and West - ITB China 2017 kicks off with exclusive preview
03/02/2017|3:26:27 PM|
“Building the bridge between East and West”, an exclusive ITB China preview event with more than 60 journalists from China and 15 other countries kicked off today at the Jin Jiang Tower in Shanghai.
Record domestic & outbound tourism traffic for upcoming Golden Week
08/28/2017|11:23:04 AM|
Ctrip projects all time high tourism traffic in the upcoming golden week, at more than 650 million trips for domestic travel and over 6 million trips for outbound travel.
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