Cathay Pacific’s results in the second half of the year “is no longer expected” to be better than that of the first half. In August, the airline reported an 82 percent slump in net income in the first six months of the year and warned that premium travel was declining....
Tourism Australia statistics released on October 15 showed that there was a decline in Chinese tourists visiting island-state Tasmania of 14% from 2015 to 2016....
China will give some airlines greater independence to set domestic fares, as Beijing moves to boost airfare pricing reforms amid a broader easing of controls over aviation....
Construction of a new civilian airport is expected to start soon along Chinas border with Russia in the northeastern province of Heilongjiang....
Value-added output of Chinas marine tourism sector hit RMB 1.087 trillion (USD 163 billion) in 2015, up by 11.4% YoY, according to a government report....
Marriott plans to open about 100 mid-scale hotels in China within the next five years. This is expected to give the hotel group a bigger presence in China than in the United States....
Car rental metasearch brand HappyCar has captured €2.6 million in funding a string of European venture capital companies....
Caissa Touristic plans to lead E-Life Financials B round by injecting RMB 550 million into the HNA finance unit and acquire tour operator Tiantian Shanglv for RMB 149 million....
HNA Group agreed to buy CIT’s aircraft-leasing business for USD 10 billion and acquire Blackstones major Chinese asset Pactera Technology for USD 675 million in cash....
HotelAsia, one of FoodHotelAsias pioneer specialised trade shows for the hotel, restaurant and foodservice sectors designed for leading industry players are gathered to showcase new, state-of-the-art equipment and innovative technology, will return from 24-27 April 2018 at Suntec Singapore. Apart fr...