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Chinese visitors the biggest spenders in the US
09/18/2015|8:57:57 AM|
Chinese visitors have become a major force in the US tourism market, contributing per capita spending of more than US$6,000 each trip, 30% more than other international visitors.
Anhui hotel chain Gujing Hotels to make New Third Board listing in November
08/18/2015|6:12:57 PM|
Gujing Hotels Management is planning to list on China’s New Third Board OTC trading platform in November this year, the first for a hotel chain in Anhui province.
Utour aims to improve travel industry financial services with small loans company
07/29/2015|4:14:25 PM|
Utour announced it will set up a small loans company in Guangzhou with RMB100 million registered capital.
Tourism B2B platform Piao Guanjia aims for New Third Board listing by year end
07/29/2015|5:57:06 PM|
Piao Guanjia announced it will apply to list on China’s New Third Board (OTC market) and would list as early as the end of the year.
China’s business travel to become top in the world by 2017
09/16/2015|10:56:43 PM|
The numbers indicate that China is on track to overtake the US and become the world’s largest business travel market by 2017, despite uncertainties arising from China’s slowing economy.
Caissa Touristic to invest US$778 million to set up cruise sales platform
08/22/2015|8:53:27 AM|
Caissa Touristic is setting up a cruise sales company and will invest at least RMB5 billion over the next three years to build China's largest O2O cruise sales platform.
Air China to buy 15 B787s after US$1.9 billion private offering
07/29/2015|9:00:44 PM|
Air China said the private offering will be to buy 15 Boeing B787 aircraft, upgrade its direct sales ecommerce operations, onboard Wi-Fi and cash reserves.
RMB devaluation to have limited immediate effect on tourism
08/13/2015|6:16:06 PM|
Although outbound tourism will be adversely affected by the RMB’s exchange rate if it continues to fall, immediate effects are expected to be limited.
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