China signed an order with Airbus worth US$9.7 billion for 100 A320 aircraft during the talks between German Chancellor Angela Merkel and Chinese Premier Li Keqiang.
LY.com has announced it has acquired a majority stake of Nantong Huihuang Travel for an undisclosed sum and gains access to Taiwan tour operations .
Online travel guide service Koudaidipei has received a multi-million USD investment from an overseas venture capital.
Zhejiang province has committed a total of RMB8 billion for airport development 11 cities in the province before 2020.
China’s State Council has given the green light to a pilot project that enables qualified Sino-foreign joint venture tour operators in Beijing to conduct outbound tourism.
China Cruise and Yacht Industry Association estimates that a total of 613 cruises will sail from China this year, up 31.5%.
Jin Jiang Hotels revealed that its acquisition of a 81.0034% stake in Keystone Lodging Holdings of Plateno Group has been endorsed in the shareholders general meeting.
As the final chapter of the bitter rivalry between Ctrip and Qunar ends, the next question to consider is: Who will be the next challenger to an all-powerful Ctrip?