China’s sports tourism industry is already worth RMB 206 billion (USD 31 billion) as of the end of 2015, according to a recent report published by Chinese think tank Qianzhan....
HNA Group has completed its 6-billion-dollar acquisition of US-based IT distributor Ingram Micro amid concerns about curbs on overseas acquisition....
The expenditure of Chinese business travelers is expected to reach USD 345 billion in 2017, an 8.4% increase year on year, according to major business travel management firm HRS....
Airlines in China need to hire 5,550 pilots a year for the next two decades as new plane orders and demand for air travel surges, according to Boeing Co....
Chinese carriers race to secure new flights even commercially shaky ones....
Ctrip bought Skyscanner for USD 1.75 billion in November. The deal allows Skyscanner to strengthen and augment its existing offering, ensuring that it’s the world leader in the metasearch field....
Chinese conglomerate HNA Group, a major shareholder in Virgin Australia, has snapped up the Aitken Hill conference centre in Melbournes north for around AUD 120 million....
The collective income of China’s top 20 tourism groups this year is 40% higher than last year. The rapid growth is said to be a result of capital-driven mergers and online-offline consolidations....
Lufthansa has formed a direct connect tie-up with Ctrip, starting with a first step of overseas products from January 1, 2017 to further provide competitive flight products....
Taiwan-based online travel company KKday received USD 7 million in series A+ round funding for further expansion in Asia....