China is projected to become the world’s most important cruise market with 10 million cruise passengers in 2030 in the “2016 China Cruise Industry Development Report”.
Guangdong-based Nanhu International Travel Agency (NITA) registered 580.14% YoY growth of revenue to RMB 843 million, according to the agency’s half-year financial results published on Oct. 11.
Didi’s market value, currently estimated at USD 35 billion, may decline by two-thirds if the draft laws are implemented, an industry investor told Securities Daily.
Japan continues to receive a record number of Chinese travelers but the visitors’ average spend is declining as they appear to be buying more prudently in the country.
Russia displaced Hong Kong, Macao and Taiwan as a top destination for mainland Chinese travelers during the holiday, and welcomed 103.1% more visitors during the peak period.
Marriott plans to open about 100 mid-scale hotels in China within next five years. This is expected to give the hotel group a bigger presence in China than in the United States.
China-US Airport Opportunities Symposium estimated Chinese tourists to USA in next ten years will grow from 2.6 million in 2015 to 17 million in 2025, according to VOA.
Ctrip launched Global Shopping Member Service Center at the headquarters of Laox in Shinjuku, Tokyo on September 20.
