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Will slowing economic growth kill China’s outbound travel?
09/02/2016|8:31:41 PM|
Five years ago, 90% of booking.com's customers came from China’s top 3 cities, Beijing, Shanghai, Guangzhou. Now they see more and more coming from lower-tier cities.
Aftermath after the Showdown
09/02/2016|10:22:00 AM|
On TravelDaily Conference titled “Embracing the New Era”, James Liang, CEO of Ctrip informed the audience of his investment strategies and where the company was headed.
UTour acquires a Japanese ground handler
09/02/2016|9:38:51 AM|
Outbound-tour operator UTour announced its strategic acquisition of a Japanese ground handler to explore the independent travel to Japan.
Hotel room glut drives down room rate and revenue in China
08/03/2016|10:01:40 AM|
Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
QuHappy.com completes Pre-A round financing
07/27/2016|9:31:44 AM|
Destination travel product distribution platform QuHappy.com has announced it had completed its Pre-A round financing in May. The investment from venture capital fund owned by Guangdong Technology Venture Capital Group in the round boosted the valuation of QuHappy to above RMB 100 million.
China’s traveltech charts its own course, direct connect being a prime example
06/23/2016|10:38:51 AM|
NDC is still a work in progress in China. But the likes of Alitrip, in conjunction with domestic carriers, have shown that blending mobile retail commerce and home-grown API is a prudent way.
Fosun splashes out billions of yuan in luxury tourism property
07/19/2016|9:59:26 AM|
Fosun has splurged nearly RMB 11 billion on building Atlantis Sanya, a high-end resort featuring 807 apartments and 197 villas which will appeal to global investors.
Amadeus gears up for a bigger chunk of China’s travel pie
06/07/2016|10:13:58 AM|
Amadeus has made significant headway in China, both with its distribution and IT solutions. The group has diligently aligned itself to experience the benefits of further deregulation steps.
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