Songcheng will invest RMB87 million to acquire 60% holding in famous Tibetan folk opera Jiuzhaigou County Ronzhong Erjia Cultural Productions.
After breaking the 100 million-trip benchmark last year the market and registered an additional 10% y-o-y growth in Q1 this year.
China’s national GDS TravelSky reported stable growth in all operations, with gross revenue growing 18.3% to reach RMB5.34 billion.
TravelDaily announced today it will partner with Phocuswright to host the 2015 TravelDaily Conference in Shanghai.
Chinese arrivals to Japan in Q1 of this year reached 690,000,almost level with the total Chinese arrivals for the full year of 2014.
Theme parks in the China market will tend to cluster around : Shanghai Bund, Guangdong province and Hainan.
Donald Yu, CEO of Tuniu, shared his thoughts on topics such as China’s online travel boom, why growth outweighs profitability in the sector and the untapped potential in lower-tiered cities.
An airport dedicated to corporate jet operations in Guangzhou’s Nansha district has been designated as a key development for the city this year.