OYO is firing thousands of staff across China and India; Six Flags is struggling with its planned parks in China and might scrap plans to complete them.
The cooperation between CBEF and ITB China will involve CBEF organizing and leading a delegation of senior association buyers to attend ITB China 2020.
Sino-US trade frictions did not affect the variation of China’s tourist arrivals from the US, which grew 7.4% in 2018, 4.6 percentage points higher than that in 2017.
Major Chinese airlines canceled direct flights to Iran or re-route other flights to avoid the airspaces of Iran and Iraq; UnionPay has attracted 28.5 million merchants outside of mainland China.
Guest room incomes totaled 23.55 billion yuan, accounting for around 48% of total revenue.
The company’s solutions are used by 8,000 hotels in China and have helped upgrade 350,000 rooms.
Qunar's APP has 28.88 million active users, second only to Ctrip, according to an Analysys guide on China's online travel booking market 2019.
Visitor arrivals to China increased by 4.7% to 108.76 million and outbound trips from China rose 8.5% to 119.9 million.