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Annual wrap-up: 12 major travel news events in 2019

Buoyed by technological innovations and transformation in consumer demands, the travel sector has soared despite turbulence in the year.

12/26/2019|4:42:58 PM|ChinaTravelNews

ShortTermRentalz industry trends predictions for 2020 revealed

PMCs will race for overall dominance with mergers and acquisitions to be the next unicorns.

12/12/2019|6:52:16 PM|ShortTermRentalz

OYO projects losses in China, India until 2022

OYO’s China unit could post a $394.9 million profit in 2022, which could then grow to $1.65 billion by 2024, the projections showed, implying a four-fold jump in net profit in two years.

11/28/2019|9:52:12 AM|Reuters

Shanghai tops winter capacity growth from Gatwick

China Eastern Airlines will increase its flights from three times a week to a daily frequency this winter, just as Air China begins a four times weekly service from the Chinese city in November.

11/04/2019|2:00:29 PM|Traveldailymedia

Trade war is hurting Chinese tourism, a US cash cow

Tourism is one of the few industries U.S. has enjoyed substantial advantage over China: In 2018, Chinese tourists traveling to the U.S. spent USD 30 billion more than American tourists visiting China did.

10/29/2019|11:12:40 AM|Associated Press

Beijing Daxing airport to balance transport, tourism functions

The airport, which has four runways, parking spaces for 150 airplanes and a 700,000-square-meter terminal, is expected to handle 45 million passengers by 2021 and 72 million by 2025.

10/17/2019|10:49:15 PM|GlobalTimes

India becomes trendy destination for Chinese travelers

In the first three quarters of this year, Chinese travelers spent an average of RMB 649 (about USD 91.8) on their visas to India, Ctrip data showed.

10/16/2019|4:42:19 PM|Xinhua

Chinese visitors to Kenya rise 10% in holiday

Last year, Kenya received about 81,700 Chinese tourists, an increase of 4% from 2017.

10/15/2019|2:23:55 PM|Yicai
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