Search results for “US market”
China’s outbound tourism slows down in H1
07/23/2019|10:16:32 AM|
Over the first five months of 2019, the number of Chinese mainland tourists visiting Hong Kong, Macao and Taiwan has increased 17.5%, 22.72% and 26.49% respectively compared with the previous year.
China’s online vacation booking maintains upward momentum
07/27/2019|6:27:43 PM|
From 2012 to 2018, the compound growth rate of online booking of vacation travel increased 42.97%, slightly higher than the 41.76% of the overall travel booking on the Internet.
Franchise Hotel Qingzhu secures three financing rounds in H1 2019
07/30/2019|3:04:23 PM|
Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.
BCD Travel takes majority stake in Japanese partner Hitachi Travel Bureau
07/01/2019|7:01:08 PM|
The deal gives BCD Travel controlling interest in their operations in Japan, one of Asia Pacific’s most important markets for corporate travel.
Meituan partners with SiteMinder to explore the overseas hotel market
07/03/2019|10:55:18 AM|
By strategically partnering with SiteMinder, Meituan now has a complete hotel technology stack to attract international hotel markets, beginning with South-East Asia.
Thailand receives 5.65 million Chinese mainland visitors in H1
07/27/2019|6:15:17 PM|
China remained the biggest tourist source market for Thailand and accounted for the bulk of Thailand’s tourism income.
China’s customized travel market worth RMB 100 billion, more products needed
07/11/2019|6:16:28 PM|
The customized travel market is likely to be more segmented. The market will desire more itineraries and products from different providers.
Online travel firm Tongcheng-Elong launches OYU Hotel franchise network
07/22/2019|9:46:03 AM|
OYU hotels offer average rooms rates ranging from US$19 to $34 per night. The group aims to have a total of 2,500 hotels by the end of this year.
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