Search results for “over-tourism”
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.
Shakeup ahead for China’s glutted luxury hotel market
01/16/2015|8:48:09 AM|
Luxury hotels in China are bracing for fierce competition as supply soars - the glutted market had a total of 800 five-star hotels in 2014.
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.
Club Med plans seven new Chinese resorts after Fosun’s acquisition
01/06/2015|2:55:17 PM|
Club Med plans to add seven resorts in China by 2020 following its sale to Fosun at EUR24.6 per share.
Ctrip aims to have the largest cruise line in Asia
12/25/2014|10:16:08 AM|
Ctrip and Royal Caribbean joint venture Sky Sea Cruise CEO and Ctrip co-founder Min Fan reveals the company's plans.
Chinese company acquires LAX Marriot
12/29/2014|11:05:01 AM|
China XLD Group’s acquisition of the Los Angeles Airport Marriot for US$165 million is the second Marriot acquisition for the group in a year.
Wanda Tourism acquires yet another regional tour operator
12/12/2014|11:03:34 AM|
Wanda Tourism continues its takeover of regional tour operators with its acquisition of Kunming Scenic Travel, Wanda’s 11th such acquisition after Hunan tour operator Easygoing.
Wanda to invest in payment provider 99Bill
12/26/2014|9:37:30 AM|
Jianlin Wang sees the creation of a financial group as necessary for implementing the group’s corporate transition and for creating a new pillar operation and profit center.
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