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6 million Chinese tourists spend RMB 90 billion overseas for New Year Holiday

A record 6 million Chinese travelers traveled overseas during the Spring Festival holidays, spending RMB 90 billion in their travel, as China remains the world’s largest source market for outbound travel spending for three years.

02/16/2016|8:43:43 AM|ChinaTravelNews

TripAdvisor Reports Fourth Quarter and Full Year 2015 Financial Results

TripAdvisor, Inc. reported financial results for the fourth quarter and full year ended December 31, 2015.

02/12/2016|8:34:23 AM|ChinaTravelNews

Travelzoo reports fourth quarter 2015 results

In the fourth quarter of 2015, the number of Travelzoo members worldwide continued to increase to 28.4 million.

02/12/2016|6:39:26 AM|ChinaTravelNews

Expedia reports Q4 and FY2015 results

On February 10 Expedia announced financial results for the fourth quarter and full year 2015 with its gross bookings increased 40% and revenue increased 29% year-over-year in the fourth quarter of 2015.

02/11/2016|5:57:39 PM|ChinaTravelNews

EQT to create new European tourism group with Kuoni takeover

Swedish private equity firm EQT aims to create a new European tourism group with the agreed takeover of Kuoni and possible purchase of TUI's Hotelbeds unit.

02/12/2016|12:54:05 AM|ChinaTravelNews

Sabre reports fourth quarter and full year 2015 results

Sabre's Q4 2015 Travel Network revenue increased 22.3% to $531.2 million and its Adjusted EBITDA increased 20.9% to $208.0 million. Total bookings increased 33.0% driven by the acquisition of Abacus and continued strong growth in North America and EMEA.

02/09/2016|11:23:46 AM|ChinaTravelNews

TravelDaily China will present on ITB Berlin

As the strategic partner of ITB, TravelDaily will also be exhibiting at the trade show, and organize various events focusing on China’s outbound travel and the change of consumer behavior.

02/11/2016|6:23:48 PM|ChinaTravelNews

Jin Jiang International becomes largest shareholder of AccorHotels

Jin Jiang International again raised its shareholding of AccorHotels to 6.03% and became the largest shareholder of the French hotel group.

02/04/2016|6:06:45 PM|ChinaTravelNews
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