Search results for “tourism market”
Chinese outbound travel – OTAs figure prominently in hotel distribution mix
08/27/2015|6:07:31 PM|
For hotel companies targeting Chinese outbound travel segment, the reliance on OTAs is important at this juncture.
Chinese tourism expenditure enjoys double-digit growth in first half of 2015
07/13/2015|10:05:54 AM|
China’s tourism expenditure grew 14.5% to reach RMB1.65 trillion while investment grew by 28% y-o-y to a total of RMB301.8 billion in the first half of 2015.
International hotel groups beat hasty retreat from China market
07/10/2015|10:07:03 AM|
A hotel ranking list based on room counts shows local economy hotel chains topping the charts while major international hotel groups are shrinking in scale.
Zhejiang-based Utour Travel gets US$4.67 million investment to upgrade online travel
08/25/2015|6:10:03 PM|
Leisure travel and mini-vacation service Utour Travel recently received a RMB30 million investment, boosting its estimated value to nearly RMB300 million.
Overreliance on Chinese tourism a major concern for Asian destinations
06/11/2015|7:16:12 AM|
Lack of diversity of visitor source markets compared to non-Asian destinations make Asian markets vulnerable to adverse changes in regional tourism.
China's Airbnb Zhubaijia raises US$31 million
08/13/2015|10:21:00 AM|
Overseas short-term rental platform Zhubaijia announced it raised almost RMB200 million in its B Series financing round.
Meituan completes acquisition of travel search company Kuxun from Tripadvisor
08/19/2015|11:01:06 PM|
China’s top group buy platform Meituan has just concluded its full acquisition of OTA Kuxun from TripAdvisor.
Caissa Touristic to invest US$778 million to set up cruise sales platform
08/22/2015|8:53:27 AM|
Caissa Touristic is setting up a cruise sales company and will invest at least RMB5 billion over the next three years to build China's largest O2O cruise sales platform.
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