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Jin Jiang International becomes largest shareholder of AccorHotels
02/04/2016|6:06:45 PM|
Jin Jiang International again raised its shareholding of AccorHotels to 6.03% and became the largest shareholder of the French hotel group.
Chinese tourists embrace new ways of travel in 2016
02/03/2016|11:38:15 AM|
Novel outbound travel, family tour and cruise vacations is expected to grow significantly in 2016 as the Chinese population enjoy better quality of life and the tourism sector is offering better-quality service.
HNA Group generates RMB 13.7 billion from New Third Board listings
02/03/2016|11:37:59 AM|
HNA Group made it to Fortune Magazine’s Top 500 list for the first time in 2015, ranking 464th with total revenue of USD 25.6 billion in the previous year. The company announced on January 28 that its total revenue in 2015 was RMB 188.1 billion (about USD 28.59 billion) in 2015.
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 Southern’s ancillary service revenue increased by 102.44% in 2015
02/02/2016|11:40:06 AM|
China Southern Airlines reported 103.60% YoY increase in ecommerce direct sales up to December 31 2015. Of which, mobile sales increased by 189.65% YoY, sales via WeChat increased by 195.00% YoY and its ancillary service revenue increased by 102.44% YoY.
China boasts 250 million inbound and outbound visitor traffic in 2015
02/02/2016|11:38:50 AM|
In addition to a domestic travel market in excess of 4 billion people, China also handled more than 250 million inbound and outbound visitors in 2015, and the tourism sector contributed more than 10% of the domestic economy and employments.
Letv Auto acquires 70% stake in Yongche
10/21/2015|5:34:04 PM|
Letv Auto will acquire a 70% stake in Yongche to completed the service loop of its Smart Car project.
Double-digit growth in Chinese outbound travelers continues for the 12th year
01/30/2016|4:05:17 PM|
China remains a leading force in the global market of outbound tourism with Chinese outbound visitors increasing at a double-digit rate for 12 years in a row.
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