Search results for “outbound”
Japan sees more Chinese visitors but less “Bakugai”
10/10/2016|2:46:51 PM|
Japan continues to receive a record number of Chinese travelers but the visitors’ average spend is declining as they appear to be buying more prudently in the country.
80% Chinese tourism companies report robust growth in interim results
09/04/2017|9:58:27 AM|
Nearly 80% of the listed tourism companies in China achieved growth in H1 2017. BTG Hotels, Caissa, CYTS and other companies saw net income attributable to stake holders surged by over 500%.
CNTA mandates using bank escrow accounts to hold outbound tourist deposit
02/23/2016|8:31:00 AM|
The Chinese tourism authority CNTA has issued a series of regulations on the country’s outbound tourist deposit collection requiring all deposit to be held in escrow accounts by banks.
Transaction platform Shoukeyi announces A round of strategic investment
08/28/2017|11:20:03 AM|
Cloud-based travel distribution platform Shoukeyi has acquired tens of millions of yuan in its A round of financing from ChunXiao Capital.
TravelDaily Conference presents the 2017 China Travel Innovation Challenge
08/25/2017|11:22:27 AM|
Six travel firms are set to vie for the title of the most innovative travel product of the year at the 2017 China Travel Innovation Challenge on Sep 14 in Shanghai.
Caissa reports H1 operating revenue of RMB 3.405 billion, up 30.84%
08/25/2017|9:34:23 AM|
Caissa reported 30.84% growth in operating revenue to ¥3.405 billion while catering services revenue grew 26.19% to ¥476 million, and its tourism business revenue was ¥2.92 billion, up 31.74%.
Baicheng acquires travel customization app Nice Trip
09/19/2016|4:11:38 PM|
Outbound travel platform Baicheng announced that it has acquired Nice Trip, a Beijing-based startup whose app focuses on artificial intelligence and big data technology.
Southeast Asia benefits from Chinese visitor fallout in Japan and South Korea
08/21/2017|8:52:46 AM|
Southeast Asian countries were the major beneficiary of Chinese tourism fallout in South Korean in the first half of 2017, as the destinations share similar pricing ranges, travel duration and customer base.
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