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Jin Jiang confirms plan to acquire 80% stake in Vienna Hotels Group

Major Chinese hotel operator Jin Jiang announced that it planned to buy 80% shares of Vienna Hotels Group

04/28/2016|9:21:41 PM|ChinaTravelNews

Spring Airlines embraces travel agents for global expansion

China's largest LCC has committed to making its fares available to international travel agents as it embarks on a new phase of expansion

04/27/2016|7:46:38 AM|Traveldailymedia

Fosun to tap China’s travel market by strategic projects

Fosun launched a brand-new Club Med resort in Sanya as it sets sight also on the billion-yuan Atlantis Project; the privately-held company is considering spinning off its travel business for an independent listing

04/27/2016|7:53:53 AM|ChinaTravelNews

CITS net income grows 2.42% in 2015

CITS posted 6.8% revenue increase to RMB 21.292 billion for 2015, and net profit attributable to shareholders of parent company was RMB 1.506 billion, up by 2.42%

04/27/2016|7:54:06 AM|ChinaTravelNews

Outbound travel service Baicheng gets New Third Board listing

Beijing Baicheng International Travel was listed on New Third Board on April 22; Alibaba holds 16.47% stake in the travel agency as the second largest shareholder

04/27/2016|2:55:04 PM|ChinaTravelNews

HotelsPro opens new office in China

HotelsPro announces launch of two new offices after enjoying 40% revenue growth in the Middle East and Asia-Pacific

04/26/2016|1:43:43 PM|HotelsPro

Bullish outlooks for Chinese airlines as they emerge from exchange rate hits

China’s carriers are enjoying more favorable outlooks than their overseas counterparts, thanks to cheap oil price, great domestic demand and supportive regulatory policies, but it remains to be seen if the advantage can be sustained

04/24/2016|7:57:59 AM|ChinaTravelNews

Hainan offshore duty-free policy generates RMB 19 billion sales in five years

Since Hainan offshore duty-free policy was implemented five years ago, duty-free stores in Sanya and Haikou have sold around 24.0678 million duty-free goods worth RMB 19.044 billion to about 6.2463 million customers

04/24/2016|7:58:13 AM|ChinaTravelNews
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