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Trip.com Group invests in business lounge operator DragonPass
12/25/2019|9:48:55 AM|
DragonPass generated revenues of 1.1 billion yuan in 2019, representing a compound annual growth rate of 40% compared to three years ago.
HNA receives $568m loan. Will it go to Hong Kong Airlines?
12/03/2019|10:09:52 AM|
The lead bank in the loan is China Development Bank, which has been overseeing HNA’s restructuring.
Taiwan's tourism deficit hits record high in Q3
11/25/2019|12:04:51 PM|
Tourist arrivals grew by 6.5 percent in the third quarter of this year compared with the same quarter last year.
Luxury Escapes breaks silence on potential Qantas or Booking.com takeover
12/02/2019|5:42:16 PM|
Luxury Escapes’ turnover is expected to be around $500 million in FY20, and its annual earnings have been growing at 50 percent.
Chinese tourists spend $127.5 billion on outbound travel in 2019
12/02/2019|10:44:54 AM|
In 2019, the outbound travel products purchased by Chinese nationals covered 158 countries, 17% growth year-over-year.
Hong Kong issues virtual bank licences to non-banking firms like Ctrip
04/15/2019|8:09:53 AM|
Many non-banking companies will join the sector, bringing new models and experience to the banking sector.
WeChat Pay follows Alipay in allowing foreign visitors to make payments in China
11/08/2019|2:11:17 PM|
The Chinese payments giant has partnered with Visa, MasterCard, American Express, Discover Global Network, and JCB to allow foreign visitors to link their credit cards to WeChat Pay.
Chinese tourists in North Korea: ‘almost a necessary evil’
11/06/2019|4:44:59 PM|
A surge in visitors from China is likely to have financial benefits and has led to improvements at hotels.
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