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Shanghai Disney Resort performs as expected
08/09/2016|10:04:18 AM|
In its first month of operation in June, Shanghai Disney Resort received 27,000 daily visitors and rang in RMB 15 million daily revenue.
DragonPass lands on New Third Board, eyeing high-end lounge services
08/05/2016|12:05:11 PM|
Chinese high-end business lounge operator DragonPass anticipated that its services would have 20 million users and cover 1,000 airports around the globe in two or three years.
China’s tourism revenues grow 12.4% in first half of 2016
08/04/2016|8:50:57 AM|
Domestic travel in China grew 10.47% to 2.236 billion trips in the first half of 2016, and tourism revenues rose 12.4% to RMB 2.25 trillion.
ICBC and Shangri-La to launch co-branded credit card
08/03/2016|2:16:45 PM|
Industrial and Commercial Bank of China (ICBC) and Shangri-La Hotels and Resorts jointly announce the launch of the 'ICBC Shangri-La Credit Card'.
Juneyao Airlines joins Air China camp in Star Alliance
08/03/2016|10:24:05 AM|
Joining Star Alliance will give Juneyao Airlines strong foothold in Beijing and international feeder traffic from alliance partners for its Shanghai hub.
Hotel room glut drives down room rate and revenue in China
08/03/2016|10:01:40 AM|
Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
China Eastern, China Southern to move to new Beijing airport
08/01/2016|10:16:21 AM|
Beijing’s second airport is to redistribute interests in air market, as Air China will stay in Beijing Capital Airport while China Eastern and China Southern will leave.
CITS becomes a HKCTS subsidiary
07/12/2016|3:08:07 PM|
CITS has merged with HKCTS and come under the full control of the Hong Kong-based state-owned travel enterprise.
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