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Global theme parks: Disney remains No. 1, China set to surpass US

Theme parks in China will have more attendances than those in the US by 2020, according to a global theme park report by AECOM and TEA.

06/15/2017|4:17:17 PM|ChinaTravelNews

Wanda bares ambition in sports tourism after snapping up prominent marathon organizer

Wanda has snapped up Competitor Group Holdings, Inc (CGI), best known as the organizer of Rock n Roll Marathon series, and bares its ambition in expanding into sports tourism.

06/06/2017|5:51:03 PM|ChinaTravelNews

Chinese tourist arrivals to Thailand drop 7.5% in first 4 months

Mainland Chinese tourists made 7.5% fewer trips to Thailand in January to April this year. But they still ranked as the country’s largest source of overseas tourists and tourism revenue.

05/24/2017|4:02:10 PM|ChinaTravelNews

Chinese real estate firm acquires 90.5% stake in luxury travel firm A&K

Chinese real estate and investment company Zhonghong Group announced on May 8 that it plans to acquire a 90.5% stake in luxury travel company Abercrombie & Kent (A&K) for USD 412.49 million.

05/09/2017|10:47:03 AM|ChinaTravelNews

Chinese visitors to Japan spend 15% less per capita in Q1

Mainland Chinese tourists to Japan spent 14.9% less per capita in the first quarter of 2017.

04/25/2017|11:58:27 AM|ChinaTravelNews

Outbound travel from China to Europe expected to rise 10% in 2017

Europe received 5.13 million visitor arrivals from China in 2016, up by 6.3% YoY. The arrivals number is expected to grow 10% to 5.5 million this year.

04/12/2017|1:55:15 PM|ChinaTravelNews

Theme park and travel group OCT posts 35.48 billion yuan revenue in 2016

Theme park and tourism group OCT reported annual operating revenue of RMB 35.48 billion in 2016, 10.07% more than previous year. Net income attributable to shareholders rose 48.44% YoY to RMB 6.89 billion.

04/12/2017|2:58:38 PM|ChinaTravelNews

Theme park group Fantawild posts 711 million yuan net profit in 2016

Theme park operator Fantawild reported that operating revenue from its cultural and technological parks climbed 33.51% to RMB 1.77 billion in 2016, accounting for a dominant 91.03% share of the company’s total income in the year.

03/29/2017|11:14:30 AM|ChinaTravelNews
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