CTA predicts arrivals of 133 million for this year, up 4%, with total inbound tourism revenue of US$58.3 billion, up 2.8% in the second half of the year.
BTG Hotels Group announced it will set up two special-purpose companies overseas to conduct its planned privatization of the Homeinns Hotel Group.
The Chinese aviation sector's turnaround is attributed to lower fuel costs and explosive growth in international air routes.
Spring Airlines intends to use the funding to purchase 21 A320 aircraft and to outfit its aircraft with inflight internet capabilities.
Car rental operators in China are looking at strengthening their distribution mix and related technology expertise as they target newer ways of revenue generation.
Songcheng Performing Arts has signed an agreement to invest RMB139 million for a 20% stake in smart attractions technology company Send Info.
Chinese arrivals to the US jumped 50% in the first half of this year spurred by the new visa rule, and 70% more visas are expected to be issued this year.
WeChat is embracing new features, including ones that promise to simplify our lives in a “connected” world. Marketers need to find ways to own the experience via this app.
