Search results for “Capital A”
Outward bound and travel platform Hiyo completes a ¥14 million angel round
09/29/2017|1:43:13 PM|
Targeting young travelers, Hiyo develops its products around the concept of “minimal transportation, short distance”, and plans its content around socializing, relaxation and entertainment.
Destination activities provider UBTour closes A-round financing
09/27/2017|8:42:45 AM|
UBTour connects tourism suppliers in Southeast Asia and enterprises in China with technology and services, with the goal of controling the supply chain through catering to the needs of suppliers.
Beijing’s new airport has completed 30.8 billion worth of works
09/11/2017|9:07:05 AM|
Beijing will adopt a “dual air hub” strategy when the new airport is completed. The two air hubs will be operated independently and complement each other while engage in healthy competition.
Shanghai Free Trade Zone to establish wholly foreign-owned travel agencies
09/27/2017|8:42:43 AM|
China (Shanghai) Pilot Free Trade Zone was officially approved to let foreign-owned travel agencies carry out pilot outbound travel business.
CAAC to implement flight reduction at major Chinese airports
09/27/2017|8:42:52 AM|
CAAC will require airports to adjust flight schedules. Beijing Capital Airport and Shanghai Pudong Airport aim to cut departures to 75% of their capacity.
CAAC expects more than 50 new airports added in three years
09/20/2017|10:59:55 AM|
Over 50 new airports will be added in China by 2020. Some 68 runways, new terminals with a total floor area of 7.07 million square meters and 1832 aprons will also be added in the next three years.
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.
Overseas independent travel provider RRUU raises RMB 35 million
08/18/2017|3:19:00 PM|
RRUU has recently received RMB 35 million in its A+ round financing and is to complete the B-round financing later this year.
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