HNA Technology acquired 100% shares of Ingram Micro in December 2016 for USD 5.98 billion, the majority of which was borrowed money from banks.
China’s domestic traffic was down just 1.4% in October compared to October a year ago.
China plans first domestic luxury cruise line with Viking; HNA Group, Trip.com sign MoU on air travel, Internet tech.
GreenTree Hospitality registers 8.6% drop in revenues; Meituan bounces back in Q3, witnesses peak daily GTV across main businesses.
Trip.com Group reports first profit post-pandemic; Dynamic fares arrive on Beijing-Shanghai high-speed rail.
Finnair recently chose to modernize its airline product sales using NDC with TravelSky. The airline asserts that by using this XML data standard it can better communicate the value of its offers via the indirect channel.
Asia Pacific hotel performance improves slightly in Q3; COTRI projects 100 million international trips by China in 2021.
Fosun targets Greater Bay Area tourists with Thomas Cook resort on Zhuhai island; Japan, China resume business travel.