Search results for “Tourism”
UTour drops planned 2.6-billion-yuan takeover of HuaYuan
02/06/2017|9:47:42 AM|
Outbound tour operator UTour announced on February 2 that it has decided to pull the plug on the plan of fully acquiring HuaYuan travel agency for RMB 2.6 billion, “due to policy changes.”
CNTA bans commissioned sale of outbound tourism products
05/29/2015|9:20:01 PM|
A new CNTA regulation will deal a blow to the SMEs without outbound tourism licenses and have a major effect on the market in third and fourth tier cities.
Ctrip invests in US-based Chinese tour operators
10/25/2016|8:16:18 PM|
Ctrip has invested in two of North America’s largest tour operators to build up its destination service and procurement system in the area.
CNTA: Chinese tourism is entering a golden age for development
05/27/2015|10:31:05 AM|
China’s tourism industry recieved RMB1.12 trillion in revenue in Q1 2015, an increase of 14.7% y-o-y.
China’s tour operators organize 11% more outbound trips in Q3 2015
12/29/2015|11:15:58 PM|
China has released the results of the national tour operators survey for Q3 2015 showing performance by region and industry segment.
China pushes for Sino-Japanese tourism investment
05/25/2015|11:08:18 AM|
Direct investment in China’s tourism was estimated to exceed RMB3 trillion in the next three years and China welcomed the participation of Japanese companies.
Chinese make up largest tourism source market in Asia-Pacific region
05/25/2015|11:07:09 AM|
Foreign visitor arrivals to the Asia-Pacific region will constitute 73% of total arrivals to the region, pushing up total arrivals by 6% to around 550 million trips in 2014, according to PATA.
Devalued ruble boosts Chinese visitor numbers to Russia
12/17/2015|12:51:54 PM|
Depreciation of the Russian ruble leading to 20% drop in overall prices of Russia’s tourism products this yearand a significant increase in Chinese tourists to Russia.
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