Radisson Hospitality is on a mission to grow organically through leverage of its brands, cost efficiencies and—through new owner Jin Jiang International—be a real presence on the European landscape.
Fosun Tourism, the largest leisure tourism resort group in the world by revenue, will be spun off from parent Fosun International as a separately-listed company.
The figures take no account of the GMV of Ctrip’s UK unit Skyscanner Holdings.
Shanghai and Guangzhou continue to lead China’s total construction pipeline with 121 projects/24,759 rooms, and 108 projects/26,022 rooms, respectively.
Combined market share between China Eastern Airlines and Juneyao Airlines could see these air carriers dominate nearly half of the Shanghai corridor.
The startup is in the final stages of completing the deal that could give its six-year-old business a post-money valuation of at least $1.5 billion, two sources told TechCrunch .
In addition to Smart Hotel, Tencent and Shangri-La have plans to bring the strategic partnership to cover a much wider scope and scale in the future.
The Shanghai Wonderland is opening after almost 10 years of being under construction.
BlaBlaCar has raised $449.6 million in funding to date.
Unprecedented demand – particularly among millennial consumers – for experiences over material possessions has fuelled the meteoric rise of ‘festival tourism’.
The total funding raised by the Tiqets has reached $45 million since its launch.
Not the city, not the hoteliers, locals know the key strengths of an area better than anyone.
Pakistan’s travel market stood at US$8.8 billion in 2017, contributing 2.9% of the total GDP, and is forecasted to grow to US$16.4 billion by 2028.
Every year, businesses lose billions of dollars because they can’t forecast changes in demand, customer interest and activity.
Hotelmize tracks and predicts price fluctuations through artificial intelligence, providing a revenue management system to help hotel resellers increase their profitability.
MEXIA’s technology enables airports to predict where bottlenecks may arise across check-in, security and taxi lines.
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