Many industrial insiders would admit that today’s traveler wants lodging to feel more localized, personalized and authentically welcoming; therefore, the hospitality industry’s biggest players are beginning to acknowledge the need to get a competitive foot in the door....
Myobis, a German software specialist for the tourism and events sector, was snapped up this week by tours and activities reservation platform Trekksoft. The acquisition is being touted as an opportunity for Trekksoft to tackle the large and complex market in Germany, with tours and activities operato...
Traffic rights between the world’s two largest economies are about to be used up, yet there is still no arrangements for new negotiations. Meanwhile, airline companies in China and the U.S. are vying to stake out routes, leading to a glut of flight seats...
Chinas national rail network has seen more than six hundred additional train services going into operation on Sunday, about a third of which are high-speed....
BOC Aviation Ltd., Asia’s biggest aircraft lessor, attracted investors including Boeing Co. and the Chinese sovereign wealth fund to buy shares in its $1.1 billion initial public offering in Hong Kong....
Industry officials in South Korea estimated that up to 60 percent of visitors from China are now coming onself-guided tours rather than group tours, raising the demand for business-class accommodations....
During the first quarter, rental revenue of CAR Inc. increased 36% to RMB1,255.2 million and its net profit grew 55% to RMB274 million....
Japans Ministry of Foreign Affairs announced on its website late last month that 5-year, multi-entry visas will be extended to 10 years, particularly for Chinese businessmen, academics and artists....
NH Hotel’s decision to foray into China comes at a time when the whole sector is buzzing with rapid expansion. A look at how the European company is approaching this market....
With their latest financial results, the group has asserted that their strong innovation capability drives underlying robust performance....