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China's Airbnb Zhubaijia raises US$31 million
08/13/2015|10:21:00 AM|
Overseas short-term rental platform Zhubaijia announced it raised almost RMB200 million in its B Series financing round.
China to surge pass US as top global tourism market
03/24/2015|9:37:57 AM|
The Oxford report also forecasts accelerated growth in the global tourism industry in the next ten years spurred by China and other emerging markets.
Payment acceptance in China is all about dealing with fragmentation
07/08/2015|10:20:12 PM|
Payment technology maturity and adoption is diverse in China. Airlines need to follow different rule sets and service levels for alternative payment types than that of credit cards.
Hurun report gives insights on preferences of China’s well-heeled travelers
06/04/2015|7:12:44 AM|
Hurun report on luxury travel reveals that those Chinese luxury travelers who spend over RMB200,000 per capita for a total of 33 days on average in 2014.
CNTA report indicates higher inbound arrivals in Q1 this year
05/28/2015|9:24:31 PM|
China welcomed 4% more inbound visitors in Q1, totaling 31.38 million and inbound tourism receipt totaled US$12.8 billion.
Chinese make up largest tourism source market in Asia-Pacific region
05/25/2015|11:07:09 AM|
Foreign visitor arrivals to the Asia-Pacific region will constitute 73% of total arrivals to the region, pushing up total arrivals by 6% to around 550 million trips in 2014, according to PATA.
Shijie99 partners with investor Utour and makes JV with CTM Group subsidiary
05/08/2015|10:34:40 PM|
Shijie99 has recieved an investment from Utour, distribution rights for CTM Group’s products in China, and will set up JV with CTM's Westminster Travel.
Chinese outbound travelers estimated to top 117 million in 2014
01/14/2015|6:19:19 PM|
A survey also shows that short-haul destinations were still more popular, though the number of Chinese travelling to Southeast Asia plunged more than 34%
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