[TravelNews] Fully booked premiere: ITB China debuts in Shanghai Date:2017-05-17 09:53:05 Click:9 Times
Over 10,000 pre-scheduled appointments between exhibitors and hosted Chinese buyers secured prior to the show – Partner destination Europe – travel leaders to share latest ideas at ITB China Conference....
[TravelNews] Chinese airlines carry 488 million air passengers in 2016 Date:2017-05-17 09:53:05 Click:7 Times
China’s airlines carried 436.34 million passengers on domestic routes in 2016, up by 10.7% YoY. Passengers on international routes rose 22.7% to 51.62 million last year....
[TravelNews] Fosun reportedly raises stake in Thomas Cook to 11% Date:2017-05-17 09:53:05 Click:10 Times
Chinese conglomerate Fosun has raised its stake in Thomas Cook Group to 11%, reported Travelweekly, citing a disclosure file....
[TravelNews] Ctrip, Blackstone said to mull bids for Swedish OTA Etraveli Date:2017-05-17 09:53:05 Click:8 Times
Ctrip, Chinas biggest trip-booking website, is among suitors weighing bids for German media giant ProSiebenSat.1 Media SE’s Sweden-based online travel unit, according to a Bloomberg report....
[TravelNews] AirAsia-Everbright JV to launch LCC In China Date:2017-05-17 09:53:05 Click:8 Times
AirAsia has signed a memorandum of understanding (MoU) with Everbright Group and Henan Government Working Group to establish a low-cost carrier (LCC) in China....
[TravelNews] Ctrip looks to tap overseas cash stash for deals Date:2017-05-17 09:53:05 Click:56 Times
China’s dominant OTA Ctrip is searching for new acquisition targets, despite tougher capital controls enforced by Beijing last fall....
[TravelNews] Chinese conglomerate bids to acquire Olympia exhibition centre in UK Date:2017-04-12 22:36:52 Click:12 Times
Chinas industrial conglomerate HNA Group is in talks to acquire the Olympia exhibition center in west London from Capital Counties Properties (CapCo), according to a Bloomberg report....
[TravelNews] OpenJaw eyes China market, may consider IPO in 2019 Date:2017-04-12 22:36:52 Click:12 Times
Irish travel tech firm OpenJaw is embarking on an ambitious expansion plan to double its workforce to 450 and boost annual revenues to more than €40 million over the next three years, reported local newspaper Independent....
[TravelNews] BTG Hotels boosts operating revenue by 389.40% in 2016 Date:2017-04-12 22:36:52 Click:96 Times
BTG Hotels saw net profit in 2016 surge 110.66% YoY to RMB 210 million. Most of the company’s hotels are in the budget range, and only 9.32% hotels in upper midscale category....
[TravelNews] Outbound agency Phoenix Travel invests in Australian tour operator Date:2017-04-12 22:36:52 Click:15 Times
Chinese outbound travel agency Phoenix Travel announced that it has made a strategic investment in Grandcity Travel, an Australia-registered firm with local bus fleets and Chinese-speaking tour guides....