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Fosun-invested customized travel agency Shijiebang goes under

The pandemic is just a catalyst for the collapse of Shijiebang.

06/15/2020|10:30:19 PM|ChinaTravelNews

Caissa Travel suspends purchase of Tuniu shares from JD.com

If Caissa Travel buys Tuniu shares as planned, it will possibly assume a heavy financial burden and take the risk of not getting returns in the long term.

06/01/2020|10:01:08 AM|ChinaTravelNews

Hotel PMS firm raises $14 million; China accused of blocking US flights | Daily Brief

Car-hailing giant Didi started an international travel agency; Meituan recorded 45.5% fewer room nights due to pandemic impact.

05/25/2020|11:20:13 PM|ChinaTravelNews

China’s organized outbound tours reached 14.62 million in Q4 2019

China’s travel agencies served a total of 49.63 million travelers on organized domestic tours, and handled a total of 50.73 million domestic visitors during the period.

05/20/2020|9:39:19 AM|ChinaTravelNews

China takes the first step to restart group tours

The move is a minor but positive signal for China to gradually restart its travel business.

05/18/2020|11:37:27 AM|ChinaTravelNews

E-commerce site JD buys into tour operator Caissa; Thousands of hotels closed | Daily Brief

China saw a declined growth rate of 5.9% in business travel last year; 74.29% of the Chinese hotels and inns have ceased operation due to COVID-19.

04/28/2020|10:41:52 PM|ChinaTravelNews

TUI China kicks off curated domestic trips for local holiday-makers

Dr. Guido Brettschneider believes that people in China and around the world will never stop dreaming and will want to travel again soon.

04/27/2020|1:48:23 PM|ChinaTravelNews

China advises against overseas travel; Tourism to drop over one third | Daily Brief

Travel searches have continued to climb for the International Labor Day holiday; Research estimates the COVID-19 will dent China's total tourism income by more than 30% this year.

04/23/2020|12:49:39 AM|ChinaTravelNews
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