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China integral to Club Med’s goal of attaining global leadership
03/04/2015|6:00:55 PM|
According to Club Med’s development plan, China will become the second largest market after France for Club Med by 2015.
Spring Airlines rides on lucrative international operation to challenge Air Asia
03/25/2015|9:08:53 AM|
Spring Airlines is set to increase its total capacity for international flights from 20% in 2014 to 30% this year, and Air Asia as its international operation expands.
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
China Southern’s 2014 annual revenue up 10.38% while profits continue slide
04/01/2015|12:08:02 PM|
China Southern is the only one one of the five major listed Chinese carriers with decreasing profitability. Its decline has lasted for two years.
Guangzhou to test car hire service
02/02/2015|5:59:30 PM|
Guangzhou will introduce trial run of hire carsto alleviate chronic taxi shortage and offer an alternative model to curbside hailing.
BTG Hotels annual profit drops 4.66% in 2014
04/02/2015|10:25:25 AM|
BTG Hotels’ annual revenue and net profit fell last year, at 5.87% and 4.66% respectively to RMB2.791 billion and RMB112 million.
Macau Airport’s annual revenue rises 6.6% in 2014
04/02/2015|9:46:07 AM|
Macau Airport recorded 6.6% growth in annual revenue totaled more than MOP4.38 billion CAM achieved 21.1% y-o-y growth in gross revenue 2014.
China’s tourism industry receives US$3.1 billion investments in 2014
01/26/2015|3:19:16 PM|
Online travel and outbound tourism were the favorite areas for acquisitions in China’s tourism industry in 2014.
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