Home Inns Lowers Expectation For Fourth Quarter
According to foreign media, Home Inn has published an updated report on its results for the fourth quarter of 2008 and as a result of global financial crisis, it has lowered its expectations for both total revenue and RevPAR in that period.
China's Inbound Tourism: Development In Adversity
The inbound tour business occupies an important position in the international tourism sector, and the number of inbound tourists who stay in a destination for at least one night and the resulting foreign exchange earnings are important indicators in measuring a country's tourism strength.
Emirates Brings Business Rewards To SMEs In China
Emirates Airline's Business Rewards which offers SMEs the opportunity to benefit from employee flights has been rolled out into 55 countries: including China.
China Eastern Gets Confirmation To Raise CNY3 Billion Fund
In line with the support measures announced by the Civil Aviation Administration of China, China Eastern Airlines has announced that its parent company China Eastern Air Holding Company has received approval from the State-owned Assets Supervision and Administration Commission of the State Council for its application for a state-owned capital operating budget.
CNTA Announces Measures To Mitigate Impact Of Financial Crisis
The China National Tourism Administration has announced a number of measures to revive the confidence of the domestic tourism market and develop the tourism economy.
CNTA To Partially Refund Travel Quality Deposits To Travel Agencies
The China National Tourism Administration has announced that it has decided to refund part of the travel quality deposits to travel agencies to assist them in dealing with operational difficulties caused by, amongst other issues, the current international financial crisis.
Cathay Pacific Takes Steps To Lessen Impact Of Financial Crisis
Cathay Pacific Airways has responded to a serious downturn in business resulting from the global financial crisis by taking a number of steps to protect the long term financial health of the company.
CITM In Shanghai Is The Best Ever
The China International Travel Mart, back in Shanghai this year, was regarded by many of its participants as the best ever — despite fears over the global financial crisis.
CAAC Suspends Approval For New Airlines
The Chinese Civil Aviation Administration says that mainland Chinese airlines are not allowed to purchase additional aircraft, and it is suspending approval for the opening of new airlines to avoid surplus transportation capacity in the mainland Chinese civil aviation market.
China's Inbound Tourist Numbers Decreased By 5.94% In September
The latest statistics issued by the China National Tourism Administration indicate that in September 2008, the number of inbound tourists in China was 10,564,000, a decrease of 5.94% compared to the same month of 2007.