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Search results for “middle-class”
China demand helps Hilton, Marriott fuel international growth
02/16/2018
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10:48:23 AM
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Hilton posted a 7.6% RevPAR climb in Q4 from Asia Pacific as it benefited from addition of more hotels in China, while rival Marriott said its China RevPAR grew 9.1% in the quarter.
Shanghai Disneyland targets high-consuming middle-class families
02/24/2016
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8:29:14 AM
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Shanghai Disneyland Resort is eyeing the high-consuming middle-class families whose consumption will also benefit real estate development, aviation, railways and highways in the vicinity.
China needs 6,810 new jets in next two decades, worth $1 trillion
09/13/2016
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11:12:31 AM
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China will need 6,810 new aircraft over the next 20 years, which are estimated to be valued more than USD 1 trillion, according to Boeing's projection.
Visa-free travel from the UAE to China on the rise
01/17/2018
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2:40:34 PM
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With the relaxation of visa restrictions and some 60 flights a week between China and the Muslim world, a new era of travel is opening up between Asia and the Gulf.
Travel tech deals reach record $5.3 billion annual level
01/16/2018
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4:58:47 PM
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The reduction of early-stage deals probably indicates an overall maturing of the travel tech startup and squeezing out potential competitors.
Chinese firms sign deal with European holiday brands to tap tourism sector
01/12/2018
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3:41:52 PM
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The aim of the deal is to explore the market of family holidays for the emerging middle class in China.
Fosun-Thomas Cook JV aims at affluent Chinese travelers
09/12/2016
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11:13:59 AM
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Thomas Cook set up a high-end travel agency with Fosun in a bid to capture a more lucrative slice of China’s booming vacation market.
Travel 2018: What the data tells us
12/22/2017
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5:23:04 PM
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Value growth for 2017 is expected to be strong at 4.1% in 2017, decelerating to 3.1% in 2018, and a minor economic deceleration is expected in China.
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