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China’s 5A scenic attractions count at 201 amid slower growth
09/28/2015|10:46:46 AM|
The number of China’s 5A rated scenic attractions has been growing at a slower pace in the last two years, at 6.29% and 8.06% respectively.
Walt Disney rival Merlin Group to open Shanghai Legoland Discovery Center
09/28/2015|10:47:16 AM|
Merlin Entertainments Group will target education obsessed Chinese parents when it opens Shanghai Legoland Discovery Center in the Spring of 2016.
Juneyao Air to raise US$574 million for fleet expansion and online travel venture
07/15/2015|9:56:36 AM|
Juneyao Air plans to raise RMB3.565 billion (approx: US$574 million) to expand its fleet and enter the online travel industry to open new sources of revenue.
Family travel startup Maitao acquires Daocaoren Camp to gain Wuhan branch
10/05/2015|1:40:23 PM|
Maitao has made a full acquisition of Wuhan-based Daocaoren Camp and converted it into its Wuhan “branch”.
Fourth runway for Beijing Airport in use by 2018
09/14/2015|11:00:06 PM|
Shi said in the 4th Beijing Global Friend Airports CEO Forum on September 10, 2015 that the runway and new control center will be inaugurated in 2018.
Chinese visitors the biggest spenders in the US
09/18/2015|8:57:57 AM|
Chinese visitors have become a major force in the US tourism market, contributing per capita spending of more than US$6,000 each trip, 30% more than other international visitors.
Outdoor sports platform Lis99 receives US$1.5 million angel investment
09/29/2015|11:30:13 AM|
Mobile online platform for outdoor sports Lis99 has received an angel investment of almost RMB10 million to develop products and market operations in April.
Qunar enter JV with BTG Hotels and partnership with Starwood
09/29/2015|11:03:40 AM|
Qunar is making moves into the high-end hotel market with a JV - BTG Lohas Cultural Tourism Investment Company and a partnership with Starwood.
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