Bleisure (business+leisure) travel is prevalent among millennials and companies need to consider how to meet their employees' needs for such kind of travel.
Chinese conglomerate HNA Group intends to slow the pace, or at least the size, of its acquisitions overseas after USD 50 billion deal splurge.
China's cruise passenger numbers rose to 2.1 million in 2016, taking third position in global passenger rankings for the year, according to data from CLIA.
New Zealand has slashed its forecast for Chinese tourist spending over the next six years, denting growth expectations for its biggest foreign-exchange earner.
Long before the emergence of Airbnb and HomeAway, brands with similar concepts were considered as something that isn’t part of the mainstream industry.
Mainland Chinese tourists made 7.5% fewer trips to Thailand in January to April this year. But they still ranked as the country’s largest source of overseas tourists and tourism revenue.
China's tourism will remain a magnet for private capital. Direct investment in the sector is projected to jump more than 20% from last year to RMB 1.5 trillion (USD 218.07 billion) this year.
Homegrown ride-sharing and home-sharing companies emerged in China early this decade, shortly after Uber and Airbnb launched in the U.S. The industry has boomed ever since.