Thailand TCC Group has signed a contract with Industrial and Commercial Bank of China Yunan Branch to acquire Bank Hotel Kunming, a five-star hotel belonged to ICBC, for RMB210 million.

Chen Miaolin, president of New Century Tourism Group, says that his company will invest more than RMB600 million to construct a flagship hotel in Beijing.

Universal Travel Group has formed a strategic partnership with CITIC Shenzhen, a Shenzhen-based business and residential real estate development and property management company.

Overall tourism arrivals to Hong Kong reached 2,194,130 in October, 2.3% more than in the same month in 2005. Cumulative arrivals from January to October stand at 20,766,106, a rise of 8.7%.

Viva Macau gained formal recognition from the Civil Aviation Authority of Macau Special Administration Region with the award of an Air Operator's Certificate.

Hilton Hotels is creating a joint venture company in India with DLF Limited to develop and own 75 hotels and serviced apartments over the next 7 years.

Crowne Plaza Fudan Shanghai has appointed Rodney Young as the hotel's new Executive Chef.

Qian Jian, deputy general manager of China Resources Shimei Bay Tourism Development Company, has disclosed that two five-star hotels will be launched at Shimei Bay in Hainan Province right before the opening ceremony of the 2008 Beijing Olympic Games.

The Hong Kong Tourism Board has confirmed that Clara Chong, Executive Director of the HKTB, will not seek for contract renewal after completion of her second three-year contract in March 2007.

Qatar Airways has opened the world's only dedicated First and Business Class terminal at Doha International Airport.