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Wanda calls out Disney to vie for global dominance in tourism attractions
07/24/2015|2:42:31 PM|
Wanda chairman Jianlin Wang has bared his ambition to dethrone Walt Disney Co. by achieving 200 million visits and becoming the “world’s largest tourism company”.
Tourico gears up to counter inimitable hurdles in China
07/23/2015|2:46:28 PM|
What is key to scaling up the high-volume, wholesale model in China? Tourico believes supporting hotel companies with right technology can be a major asset.
Ctrip acquires top rail ticket platform Suanya for US$16 million
07/23/2015|2:45:59 PM|
Ctrip announced that it acquired Guangzhou-based rail ticket search engine and booking software Suanya Technologies for about RMB100 million.
BTG Hotels Group sets up offshore company for Homeinns privatization
07/22/2015|9:37:49 PM|
BTG Hotels Group announced it will set up two special-purpose companies overseas to conduct its planned privatization of the Homeinns Hotel Group.
Higher inbound tourism growth for China in first half of 2015
07/22/2015|9:37:26 PM|
CTA predicts arrivals of 133 million for this year, up 4%, with total inbound tourism revenue of US$58.3 billion, up 2.8% in the second half of the year.
Chinese car rental companies need to explore supplementary distribution avenues
07/21/2015|9:39:22 PM|
Car rental operators in China are looking at strengthening their distribution mix and related technology expertise as they target newer ways of revenue generation.
Spring Airlines plans to raise US$725 million with private offering
07/21/2015|9:38:45 PM|
Spring Airlines intends to use the funding to purchase 21 A320 aircraft and to outfit its aircraft with inflight internet capabilities.
Chinese carriers to spend over US$4 billion on planes to meet long-haul flight demand
07/21/2015|2:49:31 PM|
The Chinese aviation sector's turnaround is attributed to lower fuel costs and explosive growth in international air routes.
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