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Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
Hunan hotels cut off Qunar over unauthorized discounts
05/05/2015|9:59:54 AM|
200 Hunan hotels have suspended supply to Qunar for offering unauthorized 50% discounts on hotel rates on its platform.
Chinese theme parks need to diversify their business models amid booming demand
05/05/2015|9:59:28 AM|
The Chinese market is expected to be able to accommodate at least 10 additional theme parks of similar scale to Disneyland in the next 25-30 years.
TravelDaily Conference partners with Phocuswright
04/08/2015|3:55:43 PM|
TravelDaily announced today it will partner with Phocuswright to host the 2015 TravelDaily Conference in Shanghai.
Chinese conglomerates eye European airports as new acquisition targets
04/27/2015|9:39:45 AM|
Airports have become the new overseas acquisition targets for Chinese corporations with the acquisition of Lubeck Airport by China PR Group.
HNA media subsidiary XF Media listed on the third board
04/24/2015|9:40:16 AM|
Hainan Airlines’ subsidiary Hainan Xinsheng Feixiang Culture Media Co is the first inflight media and inflight integrated sales company to list on the “third board”.
HK and Macau tour operators enter the Guangdong free trade zone
04/22/2015|3:14:30 PM|
Guangdong Free Trade Zone has been launched with five tour operators each from Hong Kong and Macau to operate group tours for mainland travelers.
Air China and Hainan Airlines partner with South African Airways
04/17/2015|3:18:00 PM|
SAA, Air China and Hainan Airlines are discussing a partnership to build an African aviation hub and possibily take equity in the struggling South African carrier.
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