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Beijing Shanghai high speed rail becomes profitable IPO imminent
12/09/2014|11:52:27 AM|
The Beijing-Shanghai high-speed rail is well on target to achieve the projected annual throughput this year of 106 million trips, at a 20% average rate of increase and will begin to turn in a profit.
Clash of the Titans: China’s hotel groups Vs OTAs
12/09/2014|11:46:39 AM|
“Beating them at their own game” is the key tactic being adopted by hotel groups in their fight with the OTAs.
Chinese secondary airports to get RMB1.2 billion in subsidies
12/09/2014|11:12:51 AM|
Secondary airports have drawn widespread criticism for incurring huge losses of up to 80% some also faced the embarrassment of having more staff than passengers.
CarTrawler to power new Abacus travel agent technology
12/09/2014|10:26:45 AM|
CarTrawler has today announced a new partnership with Asia Pacific’s leading travel technology provider, Abacus International to make a vast new array of ground transportation and chauffeur driven services available on, Abacus ContentPlus 2015.
TUI Travel bows out on good online growth, roll on the merger
12/06/2014|1:14:51 PM|
TUI Travel has reported strong online growth highlighting £4.1 billion in online sales for mainstream business for the year ended 30 September 2014.
Thailand becomes a popular destination for Chinese tourists during Golden Week
10/11/2014|3:52:08 PM|
Thailand has once again become a popular destination for Chinese tourists during the National Day Holiday due to the gradual political stabilization in their country and a new three month visa-free entry policy for Chinese nationals.
The Priceline Group and Ctrip Expand Partnership
08/07/2014|10:58:33 AM|
The Priceline Group agreed to invest $500 million through a convertible bond and Ctrip has granted The Priceline Group permission to acquire Ctrip shares in the open market over the next twelve months.
Hotels Need to Rework Loyalty Programs to Capture Millennials
08/02/2014|12:56:22 PM|
The hotel guests of tomorrow will no longer be happy to collect and count their points, and wait for the distant future to redeem them for a few nights’ stay.
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