Despite carriers seeming passionate to open up new routes, there are still potential setbacks that need to be considered.
OpenTable's first mainland China partnership enables Ctrip mobile users to book tens of thousands of restaurants across North America.
Some 129 million outbound trips were recorded in 2017, 45.8 million more than 2012. The number of inbound tourists rose 7% from five years ago to reach 139 million last year.
Chinese ride-hailing firm Didi plans to launch a bike-sharing platform within its app that will host partner firms such as Ofo as well as its own bike-sharing brand.
The liberalization measures have been extended to more domestic routes, especially those facing direct competition from high-speed rail.
China Youth Travel Group’s actual controller will become China Everbright Group after that group’s asset acquisition, while that of China CYTS Tours Holding will be the State Council.
For the past two weeks, ChinaTravelNews reported on how Chinese tourists affect the travel sector, a series of Ctrip’s moves, and news of major players Meituan, Tencent and Airbnb.
This number is forecast to increase to $100 billion in 2021 and 2022.
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