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Shijie99 partners with investor Utour and makes JV with CTM Group subsidiary
05/08/2015|10:34:40 PM|
Shijie99 has recieved an investment from Utour, distribution rights for CTM Group’s products in China, and will set up JV with CTM's Westminster Travel.
Hainan records US$2.2 billion in sales during 4 year duty free policy
05/08/2015|10:59:15 AM|
Duty free stores in Sanya and Haikou have accumulated total sales of RMB13.474 billion in the past four years of a duty free policy.
CNTA declares war on price slashing in China’s tourism industry
05/08/2015|10:52:10 AM|
China National Tourism Administration is taking action against “price slashing”, yet another malpractice in the cutthroat Chinese tourism industry.
Jin Jiang Hotels profits up by 41.48% in Q1 2015
05/07/2015|4:50:07 PM|
Jin Jiang reported a 41.48% increase in revenue and 59.1% increase in net profit in Q1 y-o-y, at RMB909 million and RMB154 million respectively.
China Southern cuts all air ticket commissions
05/07/2015|11:00:34 AM|
China Southern Airlines has announced it will stop its 1% agent commissions triggering speculation that the “zero commissions” era for air ticketing is imminent.
Australian hotel industry flush with Chinese capital
05/07/2015|11:00:24 AM|
After concluding a US$442 million purchase of Hilton International’s Hilton Sydney, Bright Ruby is also looking to buy The Westin Sydney for US$400 million.
China-US aviation records 6 million passenger trips in 2014
05/07/2015|11:00:14 AM|
The aviation services between China and the US carried a total of 6.13 million passengers/trips both ways in 2014.
Songcheng to invest US$24 million in subsidiary for Fuzhou project
05/07/2015|10:21:36 AM|
Songcheng Performing Arts will set up a wholly-owned subsidiary and use it to acquire certain assets of XHA Group to develop a tourism zone in Fuzhou.
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