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CITS enters JV to develop tourism retail overseas
12/18/2015|9:47:29 PM|
CITS and a subsidiary have joined hands with four other Chinese outbound tour operators to set up China Overseas Tourism Investment Management Co.
Blackstone back in travel tech with $170 million IBS Software deal
12/18/2015|2:14:37 PM|
India-based travel tech firm IBS Software has confirmed that private equity giant Blackstone has invested $170 million for an undisclosed minority stake.
Flight punctuality of China’s airports and carriers improve in October
11/24/2015|3:34:21 PM|
China’s domestic carriers achieved an average on-time flight rate of 81.94% in October, 11.04 percentage points higher than the same time last year.
Bus ticket platform 12308 raises US$7.8 million to launch O2O coach service
11/05/2015|5:05:30 PM|
Bus ticketing platform 12308 has received an investment worth RMB50 million from China Transinfo to help its plans to offer O2O long-distance coach service.
Didi Kuaidi and Lyft link platform data
11/05/2015|10:03:59 AM|
Next year, Chinese will be able to hail a Lyft ride on the Didi-Kuaidi app while Americans can use the Lyft app to book a ride with Didi-Kuaidi in China.
Beijing’s Palace Museum takes ticket booking online
10/10/2015|10:27:41 PM|
The Palace Museum at Beijing’s Forbidden City has done away with admission sales at the door and will now sell tickets only online.
Carnival Corp forms US$4 billion cruise JV with two Chinese SOEs
10/23/2015|5:31:44 PM|
Carnival Corp is teaming up with two Chinese state-owned enterprises (SOEs) to set up a joint venture worth 2.6 billion pounds．
Chinese visitors to Britain up 33% in Q2
10/23/2015|11:33:31 AM|
Great Britain’s efforts to attract more Chinese visitors paid off with visitor numbers between April and June this year up 33% y-o-y, according to official statistics.
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