Search results for “economy”
HK retail industry facing massive closures after drastic drop in mainland visitor number
08/27/2015|3:04:10 PM|
Arrivals to Hong Kong in the first half of 2015 grew only 2.8%, the slowest rate of growth since 2009 and retail industry is bracing itself for a wave of shop closures.
New innovations take the stage at TravelDaily Lab
09/20/2015|10:30:26 AM|
Finally, with bated breath, both the TravelDaily Innovator Award and People’s Choice Award of the event were presented to shopping site, shopnfly.
Chinese visitors the biggest spenders in the US
09/18/2015|8:57:57 AM|
Chinese visitors have become a major force in the US tourism market, contributing per capita spending of more than US$6,000 each trip, 30% more than other international visitors.
Hong Kong Airlines holds IPO plan
09/16/2015|10:57:07 PM|
Affected by the recent lackluster performance of the stock market, Hong Kong Airlines has reportedly shelved its plan to go public in Hong Kong in Q4 of this year.
Getting ready for a deregulated travel market in China
08/19/2015|10:49:24 PM|
Travelport is preparing itself for full deregulation in the Chinese distribution market. The company believes it can play an integral role in shaping up the future of travel ecommerce in China.
Huazhu Hotels reports 85% occupancy and 207 new hotels in Q2 2015 report
08/18/2015|10:31:38 AM|
China Lodging Group added 207 hotels had 85.8% occupancy rate while net revenues increased 16.9% to RMB1.46 billion in Q2 2015.
Pioneer Global to buy Intercontinental HK in US$938 million deal
09/10/2015|4:04:16 PM|
Pioneer Global will join hands with Gateway Capital to invest US$938 million to acquire the Intercontinental Hong Kong.
RMB devaluation to have limited immediate effect on tourism
08/13/2015|6:16:06 PM|
Although outbound tourism will be adversely affected by the RMB’s exchange rate if it continues to fall, immediate effects are expected to be limited.
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