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Tourism News

  • 9 megatrends of Chinese tourism post-pandemic2021-03-21

    From bottoming out, to steady recovery, and then to robust growth - the curve of China’s tourism development since pandemic is just like the country’s economic trajectory for the past decades. While a big part of the world is still struggling to control the spread of COVID-19, business in China is already taking a ...
  • The 129th Canton Fair prepares for a virtual return April 15-242021-03-20

    The 129th China Import and Export Fair (Canton Fair) will once again be held online on April 15-24, 2021. The 10-day virtual exhibition will continue leveraging its leading digital platform to create new opportunities for global companies, support smooth operation of the industrial and supply chains and empower trade p...
  • Air China to buy 18 Airbus planes for $2.2 billion2021-03-20

    The Chinese flag carrier, Air China, announced on Thursday that it has signed an agreement with AFS Investments Inc, a subsidiary of aircraft leasing giant GE Capital Aviation Services (GECAS), to buy 18 Airbus A320neo planes from the European manufacturer to improve its transport capacity. The deal, worth $2.2 billio...
  • Disney takes $2.6 billion theme park hit amid pandemic2021-02-15

    The Walt Disney Co. reported that it took a $2.6 billion hit this quarter due to the pandemic's impact on theme parks. Disney CEO Bob Chapek said during the Thursday earnings call that Walt Disney World, which reopened last summer to reduced capacity, saw average attendance grow "significantly" into the new quarter. C...
  • Changyu to open a wine theme park in Shanghai2021-02-15

    Changyu, China’s oldest and largest winery, is planning to open a wine theme park in Shanghai North Bund this year. Changyu City Winery will appear on the North Bund. At present, the design of the theme park is in development, and the final design will be completed at the end of March and officially opened at the end...
  • Central government yet to consider resumption of group travel to Macau2020-11-23

    The SAR government has been working with the central government in petitioning for the cross-border visits of Mainland tour groups to Macau. However, owing to the pandemic prevention and control measures required by national mechanisms, the central government is currently not considering resuming cross-border group tra...
  • Accor hosts ALL Business Forum with key industry leaders to share insights towards the futures together2020-11-23

    Accor successfully hosted its first ALL Business Forums in Shanghai and Beijing recently, leading the industry with a platform for sharing insights and experiences towards new business travel trends, whilst highlighting the benefits of ALL – Accor Live Limitless loyalty programme for corporate clients. Held at Swiss?t...
  • China’s duty-free island shopping boom drives 142% profit up2020-10-19

    China’s embrace of travel has spawned a clear corporate champion: the country’s state duty free shop operator. China Tourism Group Duty Free announced this week that net income for the July-September quarter was up 142% year over year to RMB 2.23 billion ($ 331.1 million) as revenue rose 39 % rose to RMB 15.83 billi...
  • China's domestic flight numbers top pre-COVID-19 levels in September2020-10-19

    The number of domestic Chinese flights in September topped last year's levels, official data showed on Thursday, with passenger numbers indicating the local aviation sector is nearing a full recovery from the impact of the COVID-19 pandemic. There were a total of 371,000 domestic passenger flights in September, up 3.5...
  • Deutsche Hospitality's new CEO will take office in November2020-10-10

    Deutsche Hospitality, an overseas subsidiary of Huazhu Group, will have its new CEO Marcus Bernhardt in office from November 1 this year, according to the company's announcement. Former chief Thomas Willms said in August that he will step down as CEO of Deutsche Hospitality and Steigenberger Hotels AG as of September...