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ChinaTravelNews Briefing: ITB China raises insights, Hyatt flagship store debuts on Ctrip
06/01/2018|6:02:57 PM|
ITB China 2018 concluded with high hopes for China’s tourism growth, Ctrip brought in Hyatt flagship store, and more Chinese tourists are heading to Europe destinations and Russia.
Europe sees 35% growth in Chinese visitors, luxury travel need up by 39.2%
05/25/2018|8:41:31 AM|
In the first quarter of 2018, the number of Chinese tourists bound for Europe increased by 35% YoY, making Europe the second-most popular destination with a 9% market share, second only to Asia.
China contributes 4.53 billion to 11.88 billion world tourist arrivals
01/24/2018|9:43:37 AM|
In 2018 the number of world tourist arrivals will increase to 12.67 billion, which will be 1.7 times the world population, according to World Tourism Cities Federation (WTCF).
Ctrip’s $157 million ABS product approved for tourism financing
05/23/2018|9:01:18 AM|
Insiders believe that the issuance of the first tourism ABS product reflects Ctrip and other overseas listed companies’ optimism in embracing the Chinese capital market.
China’s air companies handle more than 550 million air passengers in 2017, up by 13%
05/22/2018|4:26:39 PM|
China’s airlines carried 551.56 million passengers in 2017, up by 13% YoY. The number of passengers on domestic routes rose by 13.7% to 496.11 million, and by 7.4% to 55.45 million on international routes.
ITB China 2018 - a gateway to the pulse of the Chinese travelers
05/16/2018|8:38:18 AM|
The sheer size and the potential of the Chinese outbound travel category are luring companies from all over to be a part of the second edition of the ITB China travel trade show.
New-generation lodging service provider ttg lands tens of millions of yuan in funding
05/08/2018|9:08:59 AM|
ttg aims to become a new-generation accommodation service provider while exploring new possibilities in the travel accommodation sector.
Ctrip upgrades internal incubation program to Oasis Lab for innovation
05/05/2018|9:06:36 AM|
Ctrip replaces internal incubation program introduced two years ago with the new Oasis Lab and puts external innovative projects on its radar too.
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