Search results for “island tourism”
6 million outbound trips expected from China in Spring Festival “Golden Week”
01/23/2017|10:01:38 AM|
CNTA projects that the number of outbound trips from China during the upcoming 2017 Chinese New Year holidays will total 6 million; and cruise travel, winter holidays, family trips and theme tours will continue to be popular.
Tempus Global to buy 52% holding of Jettour for RMB 52 million
01/06/2017|11:41:59 PM|
Tempus Global will acquire 52% holdings of outbound tour operator Jettour for RMB 32 million in cash and RMB 20 million in capital injection.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
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:
Four Seasons accelerates expansion in China to woo high-end customers
08/05/2016|8:14:35 PM|
Four Seasons will open a host of properties in China and popular travel destinations to pick up its pace of development in China in the coming year.
Fosun splashes out billions of yuan in luxury tourism property
07/19/2016|9:59:26 AM|
Fosun has splurged nearly RMB 11 billion on building Atlantis Sanya, a high-end resort featuring 807 apartments and 197 villas which will appeal to global investors.
Fosun to tap China’s travel market by strategic projects
04/27/2016|7:53:53 AM|
Fosun launched a brand-new Club Med resort in Sanya as it sets sight also on the billion-yuan Atlantis Project; the privately-held company is considering spinning off its travel business for an independent listing
Hainan offshore duty-free policy generates RMB 19 billion sales in five years
04/24/2016|7:58:13 AM|
Since Hainan offshore duty-free policy was implemented five years ago, duty-free stores in Sanya and Haikou have sold around 24.0678 million duty-free goods worth RMB 19.044 billion to about 6.2463 million customers
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