Search results for “travel and tourism”
Official data show slower growth in China’s outbound travel
10/21/2016|11:21:09 AM|
China’s domestic tourism market continued to grow robustly in 2015 and inbound travel sector posted a slight increase, whereas outbound growth saw a slowdown, said CNTA.
Russia becomes a top outbound destination for China
10/10/2016|6:17:30 PM|
Russia displaced Hong Kong, Macao and Taiwan as a top destination for mainland Chinese travelers during the holiday, and welcomed 103.1% more visitors during the peak period.
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.
Joyu Group applies for a New Third Board delisting
01/05/2017|10:15:41 AM|
Lvmama parent company Joyu Group announced on January 3 that it has applied to be delisted from the New Third Board after one year of listing.
Ctrip invests in US-based Chinese tour operators
10/25/2016|8:16:18 PM|
Ctrip has invested in two of North America’s largest tour operators to build up its destination service and procurement system in the area.
China's top 20 travel groups collectively rake in record income
12/09/2016|3:05:30 PM|
The collective income of China’s top 20 tourism groups this year is 40% higher than last year. The rapid growth is said to be a result of capital-driven mergers and online-offline consolidations.
Overseas driver-guide service Hi Guides collects RMB 210 million in B+ round
01/20/2017|4:11:42 PM|
Overseas ground transport provider Hi Guides (HuangBaoChe) announced that it has raised RMB 210 million in its B+ round in less than half a year after its B round financing last August.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
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