Search results for “China Eastern”
Utour acquires 54% stake in Oceania tourism startup Xtx6
07/28/2015|2:34:19 PM|
Utour is taking a 54% stake in Oceania travel wholesaler Xtx6 to tap the potential of the Oceania region and bring long-term benefits to overall profitability.
2014 top Hotel Groups in China ranking released
07/08/2015|10:21:14 PM|
China’s top 60 hotel groups in terms of size for 2014 were published in the “2014 China Hotel Group Operational Scale Statistics”.
Weekend trip platform Duzhoumo raises US$20 million
07/27/2015|2:36:17 PM|
Duzhoumo has received funding of US$20 million in the A Series financing round. The investment is led by Legend Capital and participated by Banyan Capital.
Juneyao Air to raise US$574 million for fleet expansion and online travel venture
07/15/2015|9:56:36 AM|
Juneyao Air plans to raise RMB3.565 billion (approx: US$574 million) to expand its fleet and enter the online travel industry to open new sources of revenue.
China’s major carriers all implement paid seat selection services
05/15/2015|10:53:42 PM|
China Southern Airlines joined the three other major Chinese carriers in charging a premium for seat selection of designated economy class seats.
Overreliance on Chinese tourism a major concern for Asian destinations
06/11/2015|7:16:12 AM|
Lack of diversity of visitor source markets compared to non-Asian destinations make Asian markets vulnerable to adverse changes in regional tourism.
China's 13th 5-year plan sets target of 260 airports in five years
06/26/2015|12:47:12 PM|
China's 13th 5-year plan envisages China will have over 260 airports by 2020. They will altogether serve 91% of the national population.
China Southern sets new rules for ticketing agents and raises direct sales over 10%
05/27/2015|4:56:25 PM|
China Southern revenues from direct sales grew by 38% y-o-y in the first quarter of 2015, as it plans to lift the proportion of direct sales by 10% this year.
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