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Vienna Hotels plans to fund massive expansion with US$48 million capital
03/24/2015|9:38:07 AM|
After two successful financing rounds, mid-range Vienna Hotels Group is raising a third capital injection of RMB300 million.
Chinese visitors contribute significantly to UK tourism job creation
03/04/2015|6:00:35 PM|
Chinese visitors contribute to creating one job in Britain’s tourism industry per every 22 Chinese tourists, according to VisitBritain CEO Sally Balcombe.
2014 online shopping and O2O trends for Chinese netizens
02/25/2015|10:23:03 AM|
Chinese consumers spend the most on travel products when shopping online, an average of RMB3,750 per year, according to a McKinsey report.
Despite economic growth Chinese immigration remains at record high
03/20/2015|9:45:15 AM|
Concerns about the Chinese economy, environment and education is contuing to fuel demand for Chinese immigration.
Japan offers visa free port visits for Chinese cruise passengers
03/19/2015|9:46:57 AM|
Japan has implemented a visa-free policy for cruise ship passengers from China aboard ships approved by the Japanese Minister of Justice
Starwood Hotels pushes into Greater China with 20 new hotels
02/28/2015|9:50:29 AM|
Starwood Hotels plans to open 20 hotels in greater China in 2015, including two luxury hotels, 12 high-end hotels, and six select boutique hotels.
Tuniu expands with aggressive acquisition plans post IPO
03/10/2015|10:08:45 PM|
Tuniu has announced on March 9 2015 the acquisition of Hangzhou-based Zhongshan Travel and Tianjin-based China Classical Holiday.
Qunar sparks another OTA price war with hotel booking cash back
02/15/2015|11:41:30 AM|
Qunar will undercut competitors by at least 10% in all their hotel prices via cash-back promotions, adopting a new slogan “one cent hotel”.
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