Search results for “Chinese wealthy”
Hurun report gives insights on preferences of China’s well-heeled travelers
06/04/2015|7:12:44 AM|
Hurun report on luxury travel reveals that those Chinese luxury travelers who spend over RMB200,000 per capita for a total of 33 days on average in 2014.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
Bullish outlooks for Chinese airlines as they emerge from exchange rate hits
04/24/2016|7:57:59 AM|
China’s carriers are enjoying more favorable outlooks than their overseas counterparts, thanks to cheap oil price, great domestic demand and supportive regulatory policies, but it remains to be seen if the advantage can be sustained
OTA LY.com to invest US$233 million to enter the online financial sector
12/08/2015|10:01:12 PM|
Chinese OTA LY.com is entering the financial sector by launching a checking financial product, Tong Tong Bao, on December 18.
Customized travel platform Bugentuan raises multi-million RMB Pre-A funding
11/11/2015|10:27:08 AM|
Bugentuan announced it has completed a multi-million RMB Pre-A Series financing that was led by Newsion Venture Capital.
Carnival Corp forms US$4 billion cruise JV with two Chinese SOEs
10/23/2015|5:31:44 PM|
Carnival Corp is teaming up with two Chinese state-owned enterprises (SOEs) to set up a joint venture worth 2.6 billion pounds．
RMB devaluation to have limited immediate effect on tourism
08/13/2015|6:16:06 PM|
Although outbound tourism will be adversely affected by the RMB’s exchange rate if it continues to fall, immediate effects are expected to be limited.
Technology and local partnership –that’s what Expedia is banking on in China
09/15/2015|10:59:51 PM|
Expedia believes it can lend a strong dimension to Chinese domestic intermediaries’ strategy to capitalize on demand for outbound travel .
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