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CAR Inc attracts investment in its latest US$300 million bond issue
08/06/2015|3:42:14 PM|
Chinese car rental giant CAR Inc issued US$300 million in bonds on August 3, its second batch this year after issuing US$500 million in January.
Chinese arrivals to New Zealand up 33% in first half of the year
08/05/2015|4:34:17 PM|
New Zealand received 313,000 Chinese visitors in the first six months of the year and it expects up to 350,000 arrivals by year end.
China’s Airbnb Xiaozhu raises US$60 million in C Series financing round
07/08/2015|6:09:19 PM|
China’s short-term rental service Xiaozhu has received US$60 million for its Series C financing round, its largest funding yet, led by Joy Capital.
Six Chinese high-end hotel groups form China Hotel Alliance
07/07/2015|6:05:16 PM|
The “China Hotel Alliance” was officially formed on July 6, comprising six major high end Chinese hotel groups.
Wanda calls out Disney to vie for global dominance in tourism attractions
07/24/2015|2:42:31 PM|
Wanda chairman Jianlin Wang has bared his ambition to dethrone Walt Disney Co. by achieving 200 million visits and becoming the “world’s largest tourism company”.
Didi-Kuadi plans to challenge Uber on its own turf with US market entry
06/29/2015|12:45:42 PM|
Chinese Uber rival Didi-Kuaidi is now recruiting in the USA to realize its plans to set up a US research center to pave the way for its entry into the US market.
Tourico gears up to counter inimitable hurdles in China
07/23/2015|2:46:28 PM|
What is key to scaling up the high-volume, wholesale model in China? Tourico believes supporting hotel companies with right technology can be a major asset.
Higher inbound tourism growth for China in first half of 2015
07/22/2015|9:37:26 PM|
CTA predicts arrivals of 133 million for this year, up 4%, with total inbound tourism revenue of US$58.3 billion, up 2.8% in the second half of the year.
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