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US may lose $500 million from Chinese travelers

US may lose $500 million from Chinese travelers

“Looking at the year to date, we see a setback in Chinese tourism arrivals of just under 5%,” said Olivier Jager, CEO and co-founder of ForwardKeys.

10/17/2018|11:49:06 AM|Ecns.cn
Ctrip and KLM sign strategic partnership agreement

Ctrip and KLM sign strategic partnership agreement

Ctrip’s international air ticketing business has maintained solid growth momentum, increasing 40% year-on-year in the second quarter of 2018.

10/17/2018|11:28:07 AM|GlobalNewsWire
KLOOK’s booking amount in 2018 is expected to reach $1 billion

KLOOK’s booking amount in 2018 is expected to reach $1 billion

The start-up plans to open its first business base in the U.S by the end of 2018, and is thinking about opening its second office, maybe in Osaka, following Tokyo in Japan.

10/17/2018|11:15:49 AM|TravelVoice
Shiji to be the second hotel tech sales leader after Oracle

Shiji to be the second hotel tech sales leader after Oracle

Shiji has been expanding its global push since February — when it announced a $486 million investment from e-commerce powerhouse Alibaba Group.

10/16/2018|4:12:44 PM|Skift
Hainan to enhance individual tax-free shopping quota

Hainan to enhance individual tax-free shopping quota

During this year's National Day holiday, the two shops in Sanya and Haikou received about 160,300 visitors and generated 240 million yuan in revenue, up 4.4% and 16.8% year-on-year.

10/16/2018|10:42:21 AM|GlobalTimes
Ant Financial invests another $210 million in Zomato

Ant Financial invests another $210 million in Zomato

Zomato has raised a total of USD 651 million in funding in 11 rounds including this one.

10/16/2018|10:04:58 AM|GlobalTimes
Shanghai airport to launch clearance system using facial recognition

Shanghai airport to launch clearance system using facial recognition

The system in Shanghai moved ahead of a planned deployment of facial recognition technology in Beijing’s new $12 billion airport.

10/16/2018|9:54:43 AM|SouthChinaMorningPost
Germany Pavilion debuts at ITB China 2019

Germany Pavilion debuts at ITB China 2019

The VIR (Verband Internet Reisevertrieb) is organising a combined stand for tourism companies from Germany at ITB China 2019 – The German National Tourist Board, Solamento and Sunny Cars already confirmed their participation.

10/15/2018|3:54:24 PM|ChinaTravelNews
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