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Maldives’ tourism left high and dry as Chinese arrivals plummet
03/03/2015|9:47:27 AM|
Although the number of Chinese visitors in 2014 grew 9.6% y-o-y, the growth rate began to falter and then fell 33.1% by January 2015.
China’s global hotel investment set to accelerate
03/02/2015|9:49:39 AM|
Chinese investors will inject more than 200 million GBP annually into the global hotel marketboosting their market share from the current 4% to 10% by 2017.
2014 online shopping and O2O trends for Chinese netizens
02/25/2015|10:23:03 AM|
Chinese consumers spend the most on travel products when shopping online, an average of RMB3,750 per year, according to a McKinsey report.
Starwood Capital seeks Sunshine Insurance investment in hotel management company
02/09/2015|10:11:24 AM|
The high growth period for China's domestic property market has past and Chinese companies are now forced to invest in overseas real estate.
NYC tourism industry targets Chinese market
02/05/2015|5:50:28 PM|
With the strengthened US dollar, NYC authorities are especially targeting Chinese tourists in a bid to attract more overseas visitors.
China’s international perception needs makeover to lift inbound tourism
01/15/2015|8:49:16 AM|
Negative international perception of China is leading to a decline in inbound tourism to China according to a China tourism international public opinion survey.
Chinese outbound travelers estimated to top 117 million in 2014
01/14/2015|6:19:19 PM|
A survey also shows that short-haul destinations were still more popular, though the number of Chinese travelling to Southeast Asia plunged more than 34%
Ctrip CEO: Travelfusion is first step towards globalization
01/09/2015|4:02:22 PM|
Ctrip's CEO James Liang talks to ChinaTravelNews reporter about the investment in Travelfusion and Ctrip's first step towards globalization.
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