Expedia, Inc. announced today that it has entered into an agreement with AirAsia Berhad to purchase an additional 25% equity interest of AAE Travel Pte. Ltd.
Hong Kong-based Chow Tai Fook Group will invest US$2.6 billion in the Incheon Casino project that targets Chinese visitors.
Chinese visitor numbers to Japan soared 83% y-o-y in 2014, totaling 2.4092 million trips and total expenditure reached 560 billion yen (approx:US$4.8 billion),
China Southern Airlines plans to bolster its passenger service to Australia and New Zealand this year to meet customer demand.
Jones Lang LaSalle (JLL) forecast that Chinese companies will invest an estimated US$5.1 billion in US hotel assets this year.
Chinese investments are set to grow rapidly thanks to long-term investment strategies and therelaxation of cross-border capital flow control.
Jinjiang Inn’s Metropolo Hotel brand will set a milestone for globalization in 2015, its biggest challenge now is to build a talented team to move forward.
Baidu and its Japanese partners are keen to woo Chinese travelers by offering a SIM card with shopping coupon gift service to Chinese during their stay in Japan.
