Search results for “Fosun”
US travel income dropped due to stagnating arrivals, OYO sees China profitability, more
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.
TravelDaily China will present insights on China in ITB Berlin
TravelDaily China will be exhibiting in the trade show and will also organize various events to promote greater understanding of Chinese companies’ globalization strategy, youth travel and travel innovations.
Club Med launches new flagship resort in French Alps
After 18 months of construction, Club Med Les Arcs Panorama should welcome this winter season over 13,000 clients from 40 different nations.
Wanda unveils mid-end hotel brand, Shangri-La ties up with Klook, and more
Visa-free entry to the EU may add €12.5 billion more tourism spending from Chinese visitors every year. Budget airlines in China are actively growing ancillary revenues, while state-owned carriers only provide prepaid seat selection options for international flights.
Ctrip and Didi may invest in Indian firms, five OTAs corner 96.4% of Q2 hotel bookings, and more
Ctrip is likely to invest $100 million in food-delivery platform Zomato and Didi is reported to back the Chinese business of OYO. Ctrip, Meituan, Qunar, Tongcheng-eLong and Fliggy accounted for 96.4% of Q2 hotel bookings.
ChinaTravelNews Briefing: ITB China raises insights, Hyatt flagship store debuts on Ctrip
ITB China 2018 concluded with high hopes for China’s tourism growth, Ctrip brought in Hyatt flagship store, and more Chinese tourists are heading to Europe destinations and Russia.
ChinaTravelNews Briefing: Ctrip ends cruise venture, China merges culture-travel offices
Ctrip, Royal Caribbean Cruises announced to end their joint venture; China planned to merge culture and tourism authorities; Tujia hoped to work with Airbnb; and B&B and e-guide startups raised capital.
China’s Fosun seeks to clone Dubai success in Atlantis Sanya
Acquisitive conglomerate Fosun Group is betting on a luxury resort in the southern seaside city of Sanya, hoping to clone the success of a related resort project in Dubai.
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