State-Owned Assets Supervision and Administration Commission required the carrier to lower its agents’ expenses by RMB900 million.
Foreign visitor arrivals to the Asia-Pacific region will constitute 73% of total arrivals to the region, pushing up total arrivals by 6% to around 550 million trips in 2014, according to PATA.
eLong has over the years diligently focused on growing its lodging business, crossing 34m-mark room nights at the end of last year. Post the exit of Expedia, eLong is now set for a new chapter.
Nong Xia will replace 30-year veteran Jing Qian to head of expansion in the greater China mid-range hotel market.
According to Ted Zhang, Chinese hotel organizations need to evolve, and keep pace with evolving distribution platforms and channels.
Songcheng Performing Arts announced it will raise one billion RMB to set up an investment fund for developing its O2O entertainment business ecosystem.
Chinese OTAs have jointly inaugurated an incentive point system for tour guides at the launch of the Respectful Service and Value Awards held in Beijing.
Apartment rental platform Mofang Apartments has raised a total funding of close to US$200 million from Warburg Pincus to accelerate growth with its Apartment + strategy.