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China expects significant investment in tourism industry
01/16/2015|9:34:12 AM|
China’s tourism authorities anticipate significant investments in the tourism industry and new jobs for 1.8 million people from 2015 to 2017.
Wanda Tourism sees excellent growth in subsidiaries
12/17/2014|10:24:28 AM|
Wanda Group’s tourism subsidiaries reported RMB1.71 billion revenues, equivalent to 24% of this year's annual revenue goal of RMB 7.125 billion.
Tencent leads US$50 million investment in Breadtrip
12/23/2014|10:02:02 AM|
Breadtrip raised US$50 million in its round C financing, Tencent led the investment , joined by Fidelity Growth Partners Asia and China Broadband.
Luxury hotel expansion filters down to second-tier cities amid market slowdown
02/03/2015|11:36:17 AM|
Increasing globalization and economic prosperity in second-tier cities Chengdu and Wuhan has spurred demand for luxury services, especially hotels.
LY.com teams up with Wanda Tourism
12/22/2014|10:23:12 AM|
LY.com and Wanda Tourism partner in the areas of product development, procurement, brand marketing and mobile internet.
China Southern’s commission cut may cause serious repercussions
01/08/2015|4:04:08 PM|
China Southern Airlines cut its agents’ commissions from 2% to 1% possibly sparking a struggle over distribution involving: airlines, agents, and OTAs
Qunar launches B2B platform for attractions ticketing
01/05/2015|10:24:53 AM|
Qunar will launch “Chang JingTong” platform to open up attractions ticketing data, interfaces and resources to trade users free of charge.
Airfares stay low as China’s first-time air passenger volume grows
02/16/2015|5:13:13 PM|
While first-time flyers comprised 40% of domestic traveler and 60%on international flights in 2014.
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