Nasdaq-listed Ctrip and New York-listed Green Tree Hospitality form the cornerstone investors for New Century Hotel’s stock market debut, which aims to raise up to USD 180 million.
56% of the 40 million outbound trips from Mainland China in the last quarter of 2018 ended in Hong Kong, Macau or Taiwan. Only 44% brought Chinese travellers to destinations further afield.
The Chinese government isn’t afraid to divert its tourists and their thick pocketbooks whenever it wants to make a political point.
Originally called the Oriental Science Fiction Valley, it was thankfully renamed prior to opening in 2018 to the VR Star Theme Park.
In 2017, Yext added WeChat integration so brands can push out information about their businesses in China through WeChat Location Mini Programs.
These channels facilitate millions of Chinese users’ dining needs through restaurant discovery and reservation-making.
Shanghai Pudong Airport and Shanghai Hongqiao Airport handle 1 in every 10 airline seats in China.
Airbnb's cofounder Nathan Blecharczyk maintains that the company don’t focus on the competition very much.
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