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China’s cruise industry projected to create 460 billion yuan by 2035
08/10/2018|9:19:56 AM|
Asia’s cruise market is sailing into a golden era, powered by significant growth in China. By 2035, China’s cruise industry is projected to generate 460 billion yuan in revenue.
Huazhu ranked 4th globally, Meituan files for IPO, and more in ChinaTravelNews Briefing
07/09/2018|10:48:48 AM|
AccorHotels’ shareholder Huazhu surpassed IHG in market capitalization as the world’s fourth highest valued hospitality group. Tencent-invested e-commerce and travel firms Meituan and Tongcheng Elong filed for Hong Kong listings.
Blacklane eyes assured path for expansion in China
06/05/2018|10:36:50 AM|
The German company asserts that the partnership route is key to expanding business in China. The team has made progress with this approach for the outbound business, and expects this to work out for the domestic segment too.
Booking.com CEO gets an observer seat at Ctrip board
06/12/2018|8:58:02 AM|
Booking.com CEO Gillian Tans has been designated as Booking Holdings' observer to the Ctrip board of directors.
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.
Travelzoo's Q1 revenue rises 9% to $30.9 million
04/26/2018|10:17:56 AM|
Travelzoo announced revenue of USD 30.9 million and operating profit of USD 3.7 million in Q1 2018. "Revenue growth accelerated in all three regions, leading to much stronger earnings," said Travelzoo CEO.
Intelligent tourism operator Drore Technology picks up multi-million funding
05/04/2018|11:40:30 AM|
DRORE ONE, a cloud computing platform for intelligent travel, aims to provide overall solutions for the tourism ecosystem by integrating IoT, big data, AI and other technologies.
Hotelbeds sells destination management unit to TUI for €110 million
03/28/2018|6:00:58 PM|
Following the integration of Tourico Holidays and GTA, there are now over 170,000 hotels selling to over 60,000 travel intermediaries globally via Hotelbeds' proprietary B2B platform.
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