Schengen zone's biometric visa applications might cause Chinese visitor arrivals to those regions to plummet, according to officials.
After two successful financing rounds, mid-range Vienna Hotels Group is raising a third capital injection of RMB300 million.
The airline also reported in its annual fiscal report that a dividend of RMB2.4 (including tax) per 10 shares will be distributed to shareholders.
Five-star hotels and other luxury facilities have been excluded in Beijing’s sanctioned government procurement list of 318 conference venues in the city.
“The 4.5% growth in inbound number last year was a major highlight for Shanghai,” a tourism industry observer said.
Travelers departing Hainan can now leave with a maximum of RMB8,000 worth of duty free purchases, up from RMB5,000 per person per trip.
Ctrip is optimistic that the team is all set to penetrate the low-end market, combating similar focus of its competitors.
Concerns about the Chinese economy, environment and education is contuing to fuel demand for Chinese immigration.