Search results for “travel and tourism”
ChinaTravelNews Briefing: Alibaba, Ctrip, statistics & forecasts, acquisitions & investments
02/11/2018|10:17:01 AM|
Alibaba’s Fliggy, Ctrip, Tongcheng-eLong and TravelFlan had new moves in the market, tourism statistics provided an update on China’s tourism performance, and acquisitions & investments had been made.
Chinese Year of the Dog boosts tourism for Thailand
02/14/2018|1:49:59 PM|
During the Chinese New Year holiday, 20,677 flights will serve routes between China and Thailand, an increase of 6% over last year’s festive season.
ChinaTravelNews Briefing: Tencent vies for railway WiFi service, Meituan denies funding and more
04/20/2018|2:48:41 PM|
Both Tencent and Alibaba are eyeing a stake in Bullet Train Networks, Ctrip joins a consortium in a bid for car rental firm eHi’s privatization, and more in this week’s Briefing.
OCT speculated to invest 1.176 billion yuan in Ctrip-backed Tongcheng-eLong
05/11/2018|6:13:52 PM|
An insider suspects that Wanda is selling part of its stake in Tongcheng-eLong to Overseas Chinese Town (Asia) at an overall valuation of 23 billion yuan.
China tourism nets $850 billion in 2017, contributing 11.04% to GDP
02/07/2018|3:38:42 PM|
In 2017, China earned $850 billion from tourism, up 15.1%. The tourism industry contributed ￥9.13 trillion to GDP, accounting for 11.04% of economic output, according to China Tourism Academy.
Intelligent homestay provider Ostay secures $1.56 million investment
05/31/2018|2:17:49 PM|
Ostay is cooperating with Airbnb, Ctrip, Tujia and local third-party platforms overseas to offer B2B accommodation for Chinese outbound travelers.
Alipay partners Global Tax Free to roll out tax refund service in Singapore
02/09/2018|4:17:26 PM|
Alipay has rolled out the tax refund service in 20 countries worldwide, including South Korea and Germany. Singapore is the first country in Southeast Asia to implement the Alipay tax refund scheme.
Inbound tourist number up 73.18%, outbound down 9.01% in China in Q3 2017
01/30/2018|3:46:03 PM|
CNTA tallied from travel agencies’ reported figures that China received 9.5865 million inbound tourists in Q3 2017, up 73.18%, while the outbound number fell by 9.01% to 15.4913 million in the period.
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