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Sabre is ready to spend $500M, and Abacus is a likely target

01/29/2015|8:14:35 AM|

Sabre said in a financial filing this week that it was considering an acquisition to the tune of half-a-billion dollars during the next two months.

China expects significant investment in tourism industry

01/16/2015|9:34:12 AM|

China’s tourism authorities anticipate significant investments in the tourism industry and new jobs for 1.8 million people from 2015 to 2017.

Will China’s group buy sites get their big break in online travel?

01/14/2015|9:11:38 AM|

What challenges lie ahead for group buy leader and would be OTA-Meituan's crossover to travel from group buying?

Tujia focused on nurturing and growing vacation rental business in China

12/19/2014|10:25:10 AM|

Melissa Yang, co-founder and CTO, Tujia says the China market is in “early stages” when compared with Europe and the U. S.

Chinese outbound spending up by 16.7%, buying 46% of global luxury goods

04/08/2016|8:31:11 AM|

Global tourism has experienced growth for six years in a row, contributing 10% to world GDP and creating 9.5% of jobs globally, according to WTTC.

TUI’s new CEO plans operations overhaul with $1.3 billion profit goal

05/17/2013|4:10:13 PM|

TUI AG said it plans to generate 1 billion euros ($1.3 billion) in operating profit by 2015 and resume its dividend as new Chief Executive Officer Friedrich Joussen overhauls Europe’s largest tour operator.

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China records 160 million border crossings in Q3, a 30.1% year-on-year rise

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China sees a 78% year-on-year rise in Q3 international air travel

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