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China’s domestic & inbound tourism to gross over $795 billion in 2017

Statistics show that domestic and inbound tourism in China will generate traffic exceeding 5.1 billion in 2017 and total revenue of over $795 billion, contributing more than 10% to GDP and employment.

12/25/2017|9:11:04 AM|ChinaTravelNews

Ctrip named the top travel company in China for four years in a row

China’s top 20 tourism groups have recorded total transactions of RMB 1.53 trillion this year, 400 billion yuan more than last year, according to a ranking list jointly released by China Tourism Academy and China Tourism Association.

12/22/2017|9:06:25 AM|ChinaTravelNews

Ctrip-backed CME to buy 35% stake in Mind Letu for RMB 16.7 million

Mind Letu will be transformed after the acquisition to create synergy in the demand-supply chain of research and study trips and customer acquisition channels so as to enhance its competitiveness.

12/20/2017|9:25:44 AM|ChinaTravelNews

Ctrip looks to invest in overseas restaurant booking platforms

Ctrip is in talks with international platforms like foodpanda, Yelp, Chope, iMenu360 and MenuDrive to extend to dining booking overseas.

12/20/2017|9:18:53 AM|ChinaTravelNews

Making travel simpler, cheaper – how’s the innovation coming along?

Disruption of flight booking doesn’t come out of the blue. It’s a process.

12/19/2017|2:08:43 PM|ChinaTravelNews

ChinaTravelNews annual roundup: Major events of year 2017

In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...

12/18/2017|2:15:13 PM|ChinaTravelNews

Rentalcars will join Booking.com and forge ‘BookingGo’ brand

After Ctrip's plan to create a full-service travel platform with its recently acquired Trip.com under Skyscanner, the Priceline Group may also be tapping into the same idea.

12/13/2017|11:47:21 AM|ChinaTravelNews

Meituan works with Japan's dining guide to target Chinese tourists

Chinese tourists’ spending on local food in Japan accounted for more than 55% of their overall expenditure excluding hotels and air tickets, according to Meituan Travel’s data collected overseas.

12/13/2017|10:11:46 AM|ChinaTravelNews
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