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.
Greenland races for controlling stake in China Eastern’s travel agency affiliate
Wanda Group, Hainan Airlines and Fosun International have all shown an interest in a deal, though Shanghai-based Greenland is likely to be the final participant.
Outbound Chinese investment to U.S. falls to 7-year low
Over the year, Chinese investors like Anbang Insurance, Dalian Wanda, Fosun International and HNA Group dropped at least $13 billion of U.S. assets with some headline-making deals.
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.
China Southern quits SkyTeam, China to become top tourist destination by 2030, and more
China issued the first service specification for the home-sharing sector, and Club Med owner Fosun Tourism and Culture approved for listing on the Hong Kong Stock Exchange.
Sanya, German travel agents to launch new tourism offerings into German market
Thomas Cook Sanya Branch, a joint-venture travel agency launched by Thomas Cook and the Chinese conglomerate Fosun International, was officially set up in Sanya on October 15, 2018.
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