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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.
China Southern’s 2014 annual revenue up 10.38% while profits continue slide
04/01/2015|12:08:02 PM|
China Southern is the only one one of the five major listed Chinese carriers with decreasing profitability. Its decline has lasted for two years.
Huazhu Hotels abruptly ends partnership with leading OTAs
04/29/2015|10:17:47 AM|
Huazhu Hotels announced it would terminate its partnership with–Qunar, Ctrip and eLong – for breach of contract terms.
Chinese conglomerates eye European airports as new acquisition targets
04/27/2015|9:39:45 AM|
Airports have become the new overseas acquisition targets for Chinese corporations with the acquisition of Lubeck Airport by China PR Group.
Hainan Airlines’ subsidiary Fuzhou Airlines challenges dominance of Xiamen Airlines
03/27/2015|4:22:32 PM|
The arrival of Fuzhou Airlines is a direct challenge to Xiamen Airline’s long-standing dominance in Fuzhou.
Expedia founder among investors in Mafengwo’s Series C financing round
03/28/2015|7:24:03 AM|
Mafengwo has received funding to the tune of US$100 million from a number of investors including Expedia’s Rich Barton.
Songcheng Performing Arts acquires regional Tibetan folk opera
04/08/2015|9:25:40 AM|
Songcheng will invest RMB87 million to acquire 60% holding in famous Tibetan folk opera Jiuzhaigou County Ronzhong Erjia Cultural Productions.
How Tuniu is using offline expansion to build an online hybrid platform
04/06/2015|3:19:41 PM|
Donald Yu, CEO of Tuniu, shared his thoughts on topics such as China’s online travel boom, why growth outweighs profitability in the sector and the untapped potential in lower-tiered cities.
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