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Sages Hotel Group raises US$4.8 million
02/06/2015|4:40:07 PM|
The Sages Hotel Group received a joint investment of RMB30 million from Time Warner Capital and Shanghai Xianyi Capital
Chinese visitors to Japan skyrockets 83% in 2014
02/16/2015|5:59:26 PM|
Chinese visitor numbers to Japan soared 83% y-o-y in 2014, totaling 2.4092 million trips and total expenditure reached 560 billion yen (approx:US$4.8 billion),
Thrifty Spring Airlines makes A share IPO
01/21/2015|8:43:48 AM|
Spring Airlines CEO said it did not intend to include strategic or financial investors in the IPO but was willing to let employees share in dividends from company growth.
Expedia increases ownership in AirAsia-Expedia joint venture
02/17/2015|11:53:50 AM|
Expedia, Inc. announced today that it has entered into an agreement with AirAsia Berhad to purchase an additional 25% equity interest of AAE Travel Pte. Ltd.
Chinese visitors contribute significantly to UK tourism job creation
03/04/2015|6:00:35 PM|
Chinese visitors contribute to creating one job in Britain’s tourism industry per every 22 Chinese tourists, according to VisitBritain CEO Sally Balcombe.
HotelGG raises US$4.8 million to enhance MICE platform
01/20/2015|6:39:37 PM|
HotelGG, a portal for hotel venue search, price comparison and booking, has raised RMB30 million (approx.: US$4.8 million) in its Series A financing.
Wanda Tourism has US$1.2 billion revenue in 2014
01/20/2015|9:22:02 AM|
Wanda group’s transformation and upgrading has been successful with the growth in its cultural and tourism business revenue surpassing its real estate business.
Maldives’ tourism left high and dry as Chinese arrivals plummet
03/03/2015|9:47:27 AM|
Although the number of Chinese visitors in 2014 grew 9.6% y-o-y, the growth rate began to falter and then fell 33.1% by January 2015.
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40% of China-Japan flights slashed: where is the capacity shifting?

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JTB forecasts 3% decline in Japan inbound tourism in 2026 as China outlook clouds

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