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Chinese visitors contributed 25% to Japan’s record tourism income
04/15/2015|9:20:10 AM|
Chinese visitors contributed a quarter of Japan’s record tourism receipts of JPY2 trillion in 2014, according to Japanese government statistics.
Utour records 40.32% jump in revenue in 2014
04/14/2015|9:21:42 AM|
Utour reported stable growth, with 46.92% y-o-y growth in revenue for its wholesale operations and 42.03% growth in retail operations for 2014.
Hainan Airline to raise US$3.8 billion in private offering
04/14/2015|9:21:28 AM|
Hainan Airlines plans to make a private offering of 6.593 billion shares at a minimum of RMB3.64 per share to raise up to RMB24 billion.
IHG launches China Ready programme to zero in on Chinese guests
04/14/2015|9:21:13 AM|
Intercontinental Hotels announced the launch of its “China Ready” programme in its hotels and promotes its “Welcome Chinese” CTA collaboration.
Shiji buys into Galasys’s theme park software stronghold
04/14/2015|9:20:46 AM|
Shiji Technology’s investment in Galasys is part of its venture into the theme parks and attractions segment.
Ctrip backs PMS JV Jointwisdom
03/26/2015|7:23:51 AM|
Jointwisdom formed by restructuring Ctrip subsidiary Brandwisdom and CSHIS, has been launched in Beijing.
Baidu invests in carpool app Tiantian Yongche’s Series C financing
04/13/2015|10:38:50 AM|
Baidu and Sequoia Capital have been investing in both Tiantian Yongche and 51 Yongche, making a showdown between the two startups imminent.
Australia extends visa validity to three years for Chinese tourists
04/13/2015|9:22:39 AM|
The Australian government will extend the validity of multiple-entry visas for Chinese from one year to three years.
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