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ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017|2:15:13 PM|
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
China grapples with $216.7 billion tourism deficit in 2016
09/13/2017|10:49:06 AM|
As Chinese tourists tend to flock to destinations along the ‘Belt and Road' regions, maintaining tourism trade balance against the tourism markets along the ‘Belt and Road' is still a challenge.
Webjet launches B2B platform FIT Ruums in Asia
11/11/2016|3:43:13 PM|
Webjet announces the launch of FIT Ruums, a new business-to-business (B2B) travel distributor dedicated to the Asia region, operating under its B2B division, WebBeds FZ.
Cheer U Island raises RMB 12 million in A round
11/08/2016|11:21:02 AM|
Island-tour tailor Cheer U Island received RMB 12 million in its latest A round, which boosted the company's value to more than RMB 100 million.
China set to become world’s largest business travel market
02/02/2016|11:00:36 PM|
China’s inbound and outbound tourism traffic is expected to grow 5% in 2016, to 263 million, of which inbound tourist arrivals are expected to increase by 2.5% to 137 million, while outbound tourism traffic will increase by 8% to 126 million.
China’s cruise capacity to grow 80% in 2016
12/22/2015|9:57:11 PM|
Ctrip projects that the capacity of China’s cruise ports will grow more than 80% next year in its “2016 China Cruise Industry Trend Forecast” report.
Korea still considering visa-free policy for Chinese nationals
09/07/2015|10:40:13 PM|
The Korean government said it was studying the phased implementation of a visa-free policy for Chinese nationals during the Beijing visit of president Park Geun-hye.
Zhubaijai gets US$78 million strategic investment from HNA Group
09/24/2015|10:49:08 AM|
HNA Group is making a strategic investment in the Series C financing round of Chinese overseas rental platform Zhubaijia.
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