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China’s outbound tourism slowing in growth but diversifying
10/18/2017|11:52:03 AM|
The growth of outbound tourism traffic from China and their spending were slowing in 2016, while tourism traffic to “Belt and Road” countries increased significantly to around 50 million during the year.
Chinese outbound tourists increase 5% to 62.03 million in H1 2017
08/04/2017|11:28:49 PM|
China remains the world’s largest outbound tourism source market following a 5% increase year on year in the number of Chinese outbound tourists to 62.03 million in the first half of 2017.
China’s airlines handle 363 million passengers in January-August, up 12.6%
09/19/2017|7:07:04 PM|
In January-August, the passenger volume of domestic air routes rose 13.5% to 326 million and the number of passengers carried by international air routes by 5.0% to 36.922 million, according to CAAC.
Thomas Cook China aims for long-term growth with differentiating strategies
09/06/2017|2:00:57 PM|
Positioning itself for China's upper scale travel market, the joint venture between Thomas Cook and Fosun seeks long-term growth by developing differentiated packages and focusing on online presence.
Meituan Travel grosses 18 million room nights of hotel bookings in July
08/11/2017|8:06:20 PM|
Meituan Travel registered more than 18 million room nights of hotel bookings in a single month in July, an increase of 50% year on year.
Baojia Car Rental raises US$30 million in Series A financing
12/10/2014|11:36:02 AM|
Baojia Car Rental announced on December 9 that it had raised US$30 million in its round A financing from leading investors including Pingan Ventures and Qiming Venture Partners.
Air China works with Ritz-Carlton for in-flight dining experience
07/31/2017|5:49:20 PM|
Air China hosted a launch event for its new in-flight catering partnership with the Ritz-Carlton hotel in Beijing, as part of the company's strategy to transform customer needs into a gourmet onboard experience.
IHG’s mantra for localization in China – be “fully embedded”
08/31/2017|10:05:17 AM|
When you understand data, technology, media mix etc. by being in proximity with local partners, it can pave the way for apt localization, asserts Billy Turchin, VP, Digital and Voice, IHG Greater China.
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