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Potential bidders circle Thomas Cook as it hires turnaround specialist
04/22/2019|4:06:21 PM|
EU rules banning majority foreign ownership would block Fosun from running Thomas Cook’s airline arm.
Amadeus invests in Asia Pacific technologies before they land in travel
01/22/2019|9:36:05 AM|
Being heavily reliant on technologies to drive its growth, Amadeus sees both external startup incubating and internal pilot research crucial for long-term prosperity; but the company is not alone in this run.
Fosun Tourism wishes global families to “take a FOLIDAY, instead of a holiday”
03/06/2019|5:28:20 PM|
With differentiated brands, products and customers, the Chairman and CEO of Fosun Tourism sees more synergy than competition.
US travel income dropped due to stagnating arrivals, OYO sees China profitability, more
03/12/2019|10:26:17 AM|
Spending by international visitors in the US dropped nearly 1% largely due to stagnating visitor arrivals from China; OYO China CFO said that the firm will think through profitability models in China.
Belt and Road Initiative drives more Chinese to Italy, Switzerland
04/22/2019|9:08:04 AM|
Italy is rated by Chinese travellers as the most popular destination in Europe, second only to Russia.
OYO China CFO: We’ll have clear models for hotel operation and profitability
03/04/2019|8:57:29 AM|
"We know that speed, manpower efficiency and scalability are equally important. What’s not going to happen this year is that we will only manage to keep 5,000 of the 10,000 hotels we signed in 2018."
ITB China, VIR and TravelDaily are organising a Chinese delegation to Berlin
02/13/2019|3:12:51 PM|
Alongside ITB Berlin 2019 Chinese high-ranking travel representatives meet successful entrepreneurs from the European travel and tourism industry.
China’s travel deficit to widen, AA furthers code-share with China Southern, and more
01/29/2019|10:39:35 AM|
China’s travel deficit will exceed 100 million trips in five years, American Airlines and China Southern expanded codeshare partnership on additional routes, and Qunar.com registered 30% increase in GMV in 2018.
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