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HNA Group makes US$65 million investment in Chang An Airlines
03/27/2015|3:41:09 PM|
The capital injection will help Chang An Airlines lower its asset-liability ratio while bolstering its regional and operational competitiveness.
A lighter and richer HKCTS eager to list hotel spinoff
03/27/2015|7:23:15 AM|
HKCTS president Muhan Xu said it is once again mulling the listing of a hotel spinoff to leverage its hotel asset value.
Embracing the digital transformation in China’s travel market
03/25/2015|10:19:49 AM|
To gain a better position in this eco-system, airlines have to embracing the digital transformation to refine their business model as well as the way they deal with customers and partners.
Hong Kong tour operators to have free rein in Guangdong outbound tourism
03/25/2015|9:00:04 AM|
The Guangdong Tourism Association is tasked to promote the setting up of tour companies solely or jointly owned by Hong Kong investors.
Schengen visa’s biometric requirements expected to hamper flow of Chinese tourists
03/24/2015|4:15:27 PM|
Schengen zone's biometric visa applications might cause Chinese visitor arrivals to those regions to plummet, according to officials.
Spring Airlines records higher revenues in 2014
03/24/2015|4:09:09 PM|
The airline also reported in its annual fiscal report that a dividend of RMB2.4 (including tax) per 10 shares will be distributed to shareholders.
Five-star hotels no longer sanctioned to host state conferences
03/24/2015|9:38:25 AM|
Five-star hotels and other luxury facilities have been excluded in Beijing’s sanctioned government procurement list of 318 conference venues in the city.
Vienna Hotels plans to fund massive expansion with US$48 million capital
03/24/2015|9:38:07 AM|
After two successful financing rounds, mid-range Vienna Hotels Group is raising a third capital injection of RMB300 million.
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