Tourism News
To provide you with the latest travel news
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Tink Labs, which provides hotel guests with smartphones to use for free, is terminating its services in several markets following the cessation of operations.
The Hong Kong-based company on Wednesday informed hotels in certain markets, such as Morocco and Thailand, that it will no longer be providing its Handy smartphone services and that mobile services to the handsets will be terminated within ...
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We’re at the peak of 2019’s high season, and the market for travel experiences is hotter than ever.It remains the fastest-growing segment in all of travel and big trends continue to drive growth in this still-emerging space.
Some of these trends are well-known: for one, a healthy global economy producing a growing number of travelers with disposable income; for another, consumers increasin...
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Marriott International Inc. is jumping into the all-inclusive resort business, once the domain of specialty companies that offered lodging, food and other services for a single price.
Marriott, the world’s largest hotel company, announced plans for two new resorts that will cost more than $800 million combined to build: a 650-room hotel in Punta Cana, in the Dominican Republic, and a multib...
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Chinese tourists made 149 million overseas trips in 2018, with total spending amounting to 130 billion U.S. dollars, according to a report released by the China Tourism Academy.
The data marked a year-on-year increase of 14.7 percent and 13 percent, respectively.
According to the United Nations World Tourism Organization, the number of global travelers will exceed 1.8 billion by 2030. Chi...
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ChinaTravelNews, Ritesh Gupta – Hotel companies in China are increasingly looking at an enterprise-wide approach to data integration and deriving meaningful insights.
“There are two core aspects related to capitalizing on data available – first to acquire, store and manage, and second, working on data models and analytics to use it,” says Michael Zhu, Vice President of New Century Hote...
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China aims to invest RMB 2 trillion (USD 290 billion) in tourism by 2020 by attracting more private investment into the industry, China's state planner said on December 14.
Saying as tourism infrastructure and public services were "in dire need to be improved", the National Development and Reform Commission (NDRC) said it would plan a batch of key tourism projects and "proactively guide" soc...
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Jiannong Qian, vice president of Chinese private conglomerate Fosun International, announced on November 29 that the spin-off of Fosun’s tourism and cultural unit will be completed by the end of 2016. The unit plans to go public independently in 2020.
ChinaTravelNews reported in August that Fosun planned to spin off its travel and cultural business as “Fosun Tourism and Culture Group” fo...
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The Hotel Monitor 2020, published by American Express Global Business Travel (GBT), predicts that hotel prices in most key cities will experience only modest rises in 2020. A global boom in hotel construction is increasing the supply of guest rooms just as international trade tensions put a dampener on demand: together, these factors will restrict the ability of hotels to raise room rates in ma...
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Hospitality sales and marketing solution provider Cendyn is expanding the scope of its services with the acquisition of the Rainmaker Group, a revenue and profit optimization platform.
The acquisition – for which details were not disclosed – is Cendyn’s first following an equity investment in June from Accel-KKR, which now holds controlling interest in the company.
Cendyn president Tim...
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CMC, a media and entertainment company controlled by mainland tycoon Li Ruigang, has partnered with Discovery, the parent of the American pay television network Discovery Channel, to develop content for preschool children and create theme parks, as demand for quality family entertainment rises in China.
The two companies said in a joint press release on Wednesday that they will work together...
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