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Search results for “2014 tourism”
China updates 'sensitive sectors' for outbound investment in hotels
02/13/2018
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3:56:49 PM
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China updated its list of "sensitive sectors" on February 11 for outbound investment in properties, hotels, cinemas, entertainment, sports clubs and equity investment funds.
Tencent, Ctrip-backed travel firm plans billion-dollar IPO in Hong Kong
03/08/2018
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7:33:51 PM
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Tongcheng-Elong reportedly aims at raising USD 1-1.5 billion in a share sale.
Outbound driver-guide platform Hi Guides receives $50 million
03/01/2018
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2:55:43 PM
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The current funding will be deployed for brand building, manpower development and resource distribution at destinations.
China’s tourism contributes more than 10% to GDP and employment
11/21/2017
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4:56:51 PM
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According to CNTA, the total revenue in tourism increased by 13.6% to RMB 4.69 trillion, and the tourism industry in China has contributed RMB 8.19 trillion or 11.01% to GDP in 2016.
Ctrip- and Tencent-invested Tongcheng merges with eLong, eyeing capital market
12/29/2017
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7:38:54 PM
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Tencent and Ctrip will become major shareholders of the new entity TongCheng-eLong. Ctrip co-founder James Liang will serve as co-chairman.
Chinese outbound travel to reach 200 million departures by 2020
11/03/2017
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11:08:32 AM
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The boom in Chinese outbound travel is set to keep on going, according to data from ForwardKeys, which helps forecast future travel by analyzing around 17 million flight booking transactions a day.
Asia's airline profit squeeze in the sky
01/11/2018
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5:49:51 PM
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Competition from budget upstarts and Chinese carriers is hitting flag carriers.
Accor CEO: Chinese tourists look beyond APAC, changing global hospitality
12/21/2017
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3:10:33 PM
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"Accor probably is making more profit as an investor in China Lodging than we could have made by remaining independent for the next 50 years", said Sebastien Bazin, Chairman and CEO of AccorHotels.
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