Beijing allows joint-venture travel agencies with foreign capital to conduct outbound tours to overseas destinations except Taiwan under a new pilot scheme...
China Eastern Airlines expects to receive two million more travelers brought on by the opening of the Shanghai Disney Resort. This would translate to RMB 2 billion additional revenue, according to the carrier’s sales director Bo Dong...
HNA Group plans to buy an initial 7% stake in Atlantic Gateway, a private consortium that owns 50% of TAP Portugal, raising a stake that could reach up to 20% of the Portugal flag carrier...
Alibaba Group with its affiliate Ant Financial plans to invest an additional US$400 million in Chinas largest ride share company Didi Chuxing...
Outbound car-rental platform zuzuChe.com has raised millions of US dollars in its recently completed B-round funding. The company offers one-stop service including international driving license verification, insurance claims, itinerary planning and GPS service in Chinese language...
Double-digit growth was recorded for UKs inbound visits from China and UAE last year...
High-end and mid-range apartment rental platform SenseLuxury confirmed that the company had completed its B-round funding from GoHigh Fund...
Spring Airlines’ 2015 revenue grew 10.45% YoY to RMB 8.094 billion, of which passenger service revenue grew 9.1% to RMB 7.576 billion, accounting for 98.78% of the total revenue...
Indirect offline distribution has opened up for foreign carriers in the last couple of years. Air France KLM is making the most of its association with offline and online agencies built over the years to maximize sales....
On May 21, the inaugural Travel Tech Con, a not-for-profit conference, was held in downtown San Francisco for a group of 200 attendees and opportunity was a key theme throughout the conference....