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Huazhu Hotel's new CEO validates group's progress
08/19/2015|11:13:48 PM|
CEO Jenny Zhang is confident about HUAZHU outperforming peers in all segments in the time to come, and expansion continuing as per the plan.
Breaking News: Jin Jiang to acquire 80% of Vienna Hotels for US$289 million
08/07/2015|4:28:47 PM|
Chinese hotel group Jin Jiang Hotels Group has invested RMB1.8 billion on August 6 for an 80% stake in the mid-range the Vienna Hotel Group and its restaurants.
Korea still considering visa-free policy for Chinese nationals
09/07/2015|10:40:13 PM|
The Korean government said it was studying the phased implementation of a visa-free policy for Chinese nationals during the Beijing visit of president Park Geun-hye.
Chinese visitors to Australia up 22% with AUD$19 million daily expenditure
09/06/2015|6:43:18 PM|
Australia’s recorded its highest annual tourism earnings this year since the 2000 Sydney Olympics and Chinese contributed AUD$19 million in daily tourism revenue.
Local travel startup Yikuaiqu raises US$4 million in A+ financing round
08/04/2015|5:29:36 PM|
Online local travel service Yikuaiqu announced it received RMB25 million (approx: US$4 million) in an A+ financing round.
Tuniu’s CEO rules out privatization amid globalization forays
08/06/2015|4:32:52 PM|
Tuniu’s CEO Donald Yu said it has no privatization plans but will accelerate its globalization strategy and aims to add 100 overseas destination centers overseas.
Tujia completes $300 million round of financing at over US$1 billion valuation
08/03/2015|8:55:59 PM|
Tujia, China’s largest online platform for vacation rentals, has completed its D&D+ round of financing，raising $300 million at a valuation of more than $1 billion.
Carriers in China set their sights on travel retailing
08/17/2015|10:08:09 AM|
In order to unlock revenue generation opportunities Chinese airlines need an understanding of what travel retailing means.
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