Great Britain’s efforts to attract more Chinese visitors paid off with visitor numbers between April and June this year up 33% y-o-y, according to official statistics.
Priceline purchased from 5,600 to 129,200 of Ctrip’s ADS which brings Priceline’s holdings stake in Ctrip up to 12.63% in total.
Hainan Airlines is boldly attempting to achieve its dream of globalization through a series of acquisitions which have increased in intesity since 2010.
HNA Group has made a firm offer to acquire the FRAM Group at a reported fixed price of 40 million euros.
More and more travel companies are looking at alternative form of payments (AFPs) such as Alipay, offering Chinese consumers a diverse set of payment options.
China’s outbound travel market grew 36.6% y-o-y during the four-day National Day Holiday. Japan, Korea and Thailand the top three outbound destinations.
Following its recent introduction of e-visas for Chinese nationals, India is stepping up its efforts to provide convenient visa service for Chinese visitors.
Trust International has entered a partnership with Triptease to bring the innovative Price Check widget to Trust’s global hotel group portfolio.
