[TravelNews] Cathy Pacific’s grim outlook courtesy of rival Chinese and Gulf Carriers Date:2016-10-18 14:57:34 Click:80 Times
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....
[TravelNews] Chinese tourism to Australian state drops 14% Date:2016-10-18 14:57:34 Click:48 Times
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....
[TravelNews] China to give airlines more freedom to set fares Date:2016-10-18 14:57:34 Click:47 Times
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....
[TravelNews] New airport to be built near China-Russia border Date:2016-10-18 14:57:34 Click:53 Times
Construction of a new civilian airport is expected to start soon along Chinas border with Russia in the northeastern province of Heilongjiang....
[TravelNews] China's marine tourism hits RMB 1 trillion in value-added output Date:2016-10-08 13:22:06 Click:142 Times
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....
[TravelNews] Marriott hotels will have more hotels in China than the US in five years Date:2016-10-08 13:22:06 Click:181 Times
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....
[TravelNews] HappyCar drives away with €2.6 million in funding for car rental search Date:2016-10-08 13:22:06 Click:114 Times
Car rental metasearch brand HappyCar has captured €2.6 million in funding a string of European venture capital companies....
[TravelNews] Caissa to lead E-Life Financial’s B round and buy Tiantian Shanglv Date:2016-10-08 13:22:06 Click:173 Times
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....
[TravelNews] HNA to snap up CIT's jet-leasing and Blackstone's IT asset Date:2016-10-08 13:22:06 Click:176 Times
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....
[TravelNews] HotelAsia to create more value for food and hospitality equipment sector Date:2016-10-06 01:09:19 Click:232 Times
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...