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Top 20 Chinese travel groups for 2014 announced
12/12/2014|11:05:50 AM|
The Top 20 Chinese Travel Groups Ranking was jointly released by China Tourism Academy and the China Tourism Association on December 11.
US investor puts US$23 million on Qunar
12/17/2014|5:31:11 PM|
Travel industry capital management company Par Capital Management has acquired 2.56 million of Qunar’s shares.
New Beijing airport approved with RMB80 billion budget
12/17/2014|11:06:25 AM|
The new Beijing Airport will have throughput and capacity second only to Beijing Capital Airport.
Chinese secondary airports to get RMB1.2 billion in subsidies
12/09/2014|11:12:51 AM|
Secondary airports have drawn widespread criticism for incurring huge losses of up to 80% some also faced the embarrassment of having more staff than passengers.
More mainland cities lined up for independent travel to Taiwan
12/10/2014|11:34:47 AM|
The newly approved cities, will likely include provincial capitals Haikou, Lanzhou, Yingchuan and Hohhot and will boost the number of approved cities to 46 cities.
Beijing Shanghai high speed rail becomes profitable IPO imminent
12/09/2014|11:52:27 AM|
The Beijing-Shanghai high-speed rail is well on target to achieve the projected annual throughput this year of 106 million trips, at a 20% average rate of increase and will begin to turn in a profit.
Thailand becomes a popular destination for Chinese tourists during Golden Week
10/11/2014|3:52:08 PM|
Thailand has once again become a popular destination for Chinese tourists during the National Day Holiday due to the gradual political stabilization in their country and a new three month visa-free entry policy for Chinese nationals.
The Priceline Group Agrees to Acquire OpenTable, Inc.
06/13/2014|9:24:10 PM|
The Priceline Group will acquire OpenTable for $103 per share in an all cash transaction valued at $2.6 billion.
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