Korea’s tourism industry is emerging from the unexpected blow of MERS and anticipates a full recovery by August this year.
Wanda chairman Jianlin Wang has bared his ambition to dethrone Walt Disney Co. by achieving 200 million visits and becoming the “world’s largest tourism company”.
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.
Songcheng Performing Arts has signed an agreement to invest RMB139 million for a 20% stake in smart attractions technology company Send Info.
French Minister Matthias Fekl said France hopes to attract 5 million Chinese visitors every year in the future, up from the current 2 million in the past 12 months.
NYC has become the top US travel destination for Chinese travelers – four out of every 10 Chinese visitors to the USA visited New York City in 2014.
Ctrip is joining hands with Huiyu Asset Management and Singapore-based F&H Group to form a fund management platform, Xieling Investment.
Mr. Wang said that Wanda Group’s revenue target for the second half of this year was RMB167.12 billion with RMB390 million of it profit attributable to owners .
