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Chinese tourists inject US$17 billion into Korean economy in 2014
02/25/2015|9:23:58 AM|
Chinese tourists are directly responsible for creating 340,000 jobs, equivalent to 0.06 jobs created per visitor.
Travelport Reports Fourth Quarter and Full Year 2014 Results
02/24/2015|12:07:33 PM|
Travelport Worldwide announced today its financial results for the fourth quarter and full year ended December 31, 2014.
Yongche cites anti-monopoly law to halt taxi app rivals’ merger
02/17/2015|6:12:06 PM|
Yongche is petitioning China’s anti-monopoly authorities to halt the merger of Didi Taxi and Kuaididache, accusing it as a serious breach of the “Anti-monopoly Law”.
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.
Chinese visitors to Japan skyrockets 83% in 2014
02/16/2015|5:59:26 PM|
Chinese visitor numbers to Japan soared 83% y-o-y in 2014, totaling 2.4092 million trips and total expenditure reached 560 billion yen (approx:US$4.8 billion),
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.
Chow Tai Fook sinks US$2.6 billion into Incheon Casino project
02/16/2015|5:11:35 PM|
Hong Kong-based Chow Tai Fook Group will invest US$2.6 billion in the Incheon Casino project that targets Chinese visitors.
Chengdu emerges as new frontier for China’s airlines
02/16/2015|3:27:42 PM|
Dubbed the “fourth largest aviation hub”， Chengdu boasts the fifth largest airport in China with 37.5 million passengers throughput in 2014.
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