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GZL to expand in Guangdong and Shanghai
12/18/2014|10:05:30 AM|
GZL will acquire Guangdong and Shanghai tour operators and accelerate innovation of its business models for products in the value chain.
China to surge pass US as top global tourism market
03/24/2015|9:37:57 AM|
The Oxford report also forecasts accelerated growth in the global tourism industry in the next ten years spurred by China and other emerging markets.
LY.com finds itself in the middle of the OTA melee – and likes where it’s at
02/04/2015|10:42:24 AM|
LY is led by CEO Any Wu, who started the company in 2004 and has since grown it into one of China’s top online travel sites.
Vienna Hotels plans to fund massive expansion with US$48 million capital
03/24/2015|9:38:07 AM|
After two successful financing rounds, mid-range Vienna Hotels Group is raising a third capital injection of RMB300 million.
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.
Ctrip has US$1.6 billion in holiday product transactions
02/05/2015|4:49:46 PM|
Ctrip’s online transactions for holiday products in China leapt more than 50% to exceed RMB10 billion (approx: US$1.6 billion) last year.
Uber and Yongche reportedly mull merger
03/12/2015|2:47:45 PM|
Uber and Yongche are said to be discussing a possible partnership in a struggle to survive in the Chinese taxi app market.
Maldives’ tourism left high and dry as Chinese arrivals plummet
03/03/2015|9:47:27 AM|
Although the number of Chinese visitors in 2014 grew 9.6% y-o-y, the growth rate began to falter and then fell 33.1% by January 2015.
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