Search results for “travel market”
Ctrip has US$1.6 billion in holiday product transactions
02/05/2015|4:49:46 PM|
Ctrip’s online transactions for holiday products in China leapt more than 50% to exceed RMB10 billion (approx: US$1.6 billion) last year.
Sabre is ready to spend $500M, and Abacus is a likely target
01/29/2015|8:14:35 AM|
Sabre said in a financial filing this week that it was considering an acquisition to the tune of half-a-billion dollars during the next two months.
Qunar counting on its technology-driven operational efficiency for a break-through
01/28/2015|3:07:44 PM|
What would it take for Qunar.com to turn profitable in 2016? This conundrum is among the most followed topics in the Chinese travel industry.
Chinese carriers seek to challenge US dominance in China-US airline market
02/12/2015|11:45:27 AM|
A new era of growth and competition is expected for US and Chinese carriers following the Sino-US bilateral visa extension policy in November 2014.
Airfares stay low as China’s first-time air passenger volume grows
02/16/2015|5:13:13 PM|
While first-time flyers comprised 40% of domestic traveler and 60%on international flights in 2014.
Expedia increases ownership in AirAsia-Expedia joint venture
02/17/2015|11:53:50 AM|
Expedia, Inc. announced today that it has entered into an agreement with AirAsia Berhad to purchase an additional 25% equity interest of AAE Travel Pte. Ltd.
Luxury hotel expansion filters down to second-tier cities amid market slowdown
02/03/2015|11:36:17 AM|
Increasing globalization and economic prosperity in second-tier cities Chengdu and Wuhan has spurred demand for luxury services, especially hotels.
GZL to expand in Guangdong and Shanghai
12/18/2014|10:05:30 AM|
GZL will acquire Guangdong and Shanghai tour operators and accelerate innovation of its business models for products in the value chain.
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