One in every ten dollars spent on global tourism investment will land in Asia through 2026 and China will eat nearly half of that funding, according to WTTC.
China's domestic and international passengers will exceeed US by 2024 and India will overtake UK to become third-largest by 2025, according to a Bloomberg report.
British flag carrier announced that it will suspend flights between London Heathrow and Chengdu.
Didi Chuxing is looking to global expansion, American magazine Vanity Fair reported on October 20.
Didi Chuxing is considering a tie-up with its investor Apple on research into self-driving technology, using massive traffic data the company has collected in China.
Starwood sold a stake in about USD 2 billion of U.S. hotels to a group led by China Life Insurance.
Budget hotel operator Podinn Hotel was listed on New Third Board on October 17. It registered RMB 1.98 million net loss in 2015 and RMB 12.18 million net income in 2014.
UCAR announced on October 17 that it plans to raise RMB 10 billion for the development of its car dealing business.
Airbnb says it will sue to block the law from going into effect, according to the Times-Union.
Booking.com has big ambitions for the region and wants to replicate the success it had in Europe.
Deem, a business travel technology company, is acquiring another San Francisco-area company: Olset, a machine learning and artificial intelligence startup that is focused on hotel recommendations.
Scotland-based Traveltek has picked up £5.3 million in funding from YFM Equity Partners.
The latest analysis from Amadeus uses a “scenario planning” methodology to paint a picture of what the future might hold for online travel agents.
Ibibo Group and MakeMyTrip, by many measures the top two online travel agencies in India, announced a merger — ending an expensive competitive pricing and discounting race.
Online travel search company Skyscanner Ltd. has begun exploring strategic options, including a possible sale of the company or an initial public offering, people familiar with situation said.
Google Trips aims to be a personalised tour guide for travellers and is arguably the most significant launch in the travel space for Google since it created the Flights and Hotel Finder products a few years back.
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