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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.

Korea banks on attracting Chinese tourists to bolster national consumption

12/21/2015|9:38:11 PM|

Facing a domestic consumption tax hike the Korean government is banking on attracting Chinese consumption to boost national consumption.

Embracing the digital transformation in China’s travel market

03/25/2015|10:19:49 AM|

To gain a better position in this eco-system, airlines have to embracing the digital transformation to refine their business model as well as the way they deal with customers and partners.

Shanghai inbound tourism shows signs of recovery with 4.5% annual growth

03/23/2015|9:39:01 AM|

“The 4.5% growth in inbound number last year was a major highlight for Shanghai,” a tourism industry observer said.

Vienna Hotels invites Series C financing to pave way for IPO

02/26/2015|3:37:15 PM|

Vienna Hotel wants a Series C financing round this year to raise at least RMB1 billion and pave the way for an IPO in 2017.

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