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China’s outbound tourism market grows 30% y-o-y during Golden Week
10/08/2015|10:29:46 PM|
China’s outbound travel market grew 36.6% y-o-y during the four-day National Day Holiday. Japan, Korea and Thailand the top three outbound destinations.
Capitalizing on the growth of Chinese outbound travel
09/17/2015|11:15:34 AM|
TravelDaily Conference’s 1st roundtable discussed “how the world’s travel and tourism industry can capitalize on the growth of Chinese outbound travel.”
Wanda Hotels aims to have 85 luxury hotels in China by year end
08/11/2015|7:45:05 AM|
Wanda Hotels expects to have 85 five-star luxury hotels in China by the end of 2015.
Former Starwood China head joins Wanda Hotel
06/30/2015|12:51:09 PM|
Former greater China regional director of Starwood Group, Jin Qian, will join Wanda Hotels and Resorts as President to lead this Chinese hotel group.
Didi-Kuadi plans to challenge Uber on its own turf with US market entry
06/29/2015|12:45:42 PM|
Chinese Uber rival Didi-Kuaidi is now recruiting in the USA to realize its plans to set up a US research center to pave the way for its entry into the US market.
Ctrip fills war chest with offering of US$1 billion convertible senior notes
06/18/2015|8:29:08 AM|
Ctrip will offer up to US$1 billion in aggregate principal amount of senior notes convertible into Ctrip's ADS, each representing 0.25 of an ordinary share.
Overreliance on Chinese tourism a major concern for Asian destinations
06/11/2015|7:16:12 AM|
Lack of diversity of visitor source markets compared to non-Asian destinations make Asian markets vulnerable to adverse changes in regional tourism.
Chinese capital makes waves in global hotel industry
06/08/2015|7:10:41 AM|
Chinese investors are counting on this enormous Chinese market to form the customer base that will enable them to expand in the overseas hotel industry.
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