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Oil price slump increases earnings for Chinese carriers
04/17/2015|3:17:50 PM|
The huge dip in international crude prices helped lower operational costs and contribute to healthy bottom-lines for China’s carriers.
Kuaididache officially launches No 1 Chauffeur Service
04/16/2015|3:30:08 PM|
After an initial trial run in seven cities, Kuaididache announced the official launch of its No 1 Chauffeur Service in 61 Chinese cities.
Top Chinese hotel IT operator AMTT raises US$32 million
04/16/2015|3:19:41 PM|
This financing round will bring high growth for AMTT, its products and service applications are used in a million hotel rooms in China.
LY.com and Tuniu take battle to experiential showrooms
04/16/2015|3:18:34 PM|
Tuniu plans to have 100 regional service centers next year to counter arch rival LY.com’s 11 new experiential showrooms by the end of April.
More Chinese departure cities added for Taiwan tourism
04/15/2015|10:43:56 AM|
Taiwan Tourism Agency said its China tourism policy prioritizes quality and the relaxation of Chinese visitor numbers must be carried out in an orderly manner.
Chinese visitors contributed 25% to Japan’s record tourism income
04/15/2015|9:20:10 AM|
Chinese visitors contributed a quarter of Japan’s record tourism receipts of JPY2 trillion in 2014, according to Japanese government statistics.
Utour records 40.32% jump in revenue in 2014
04/14/2015|9:21:42 AM|
Utour reported stable growth, with 46.92% y-o-y growth in revenue for its wholesale operations and 42.03% growth in retail operations for 2014.
Hainan Airline to raise US$3.8 billion in private offering
04/14/2015|9:21:28 AM|
Hainan Airlines plans to make a private offering of 6.593 billion shares at a minimum of RMB3.64 per share to raise up to RMB24 billion.
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