HNA Group Expands Chongqing Aviation Market

HNA Group Southwest Headquarters has signed an agreement with Chongqing Yufu Assets Management Company to jointly set up Chongqing West Air Holdings Company with an increase of its cash investment in West Air.

TravelSky Establishes Company In Taiwan

TravelSky Holdings, a provider of IT solutions to China's air travel and tourism industries, has announced the establishment of its first branch in Taiwan.

CTS Hong Kong Slated To Take Over 20 Hotels

News from from China National Travel Service (HK) Group is that the group will be one of the major enterprises that are authorized to take over hotels from central enterprises that do not have hotels as one of their primary businesses.

China's Central Enterprises To Divest Hotels

According to the official website of China's State-owned Assets Supervision and Administration Commission, in 2010 most central state-owned enterprises will start to divest their interest in, or reorganize the ownership of, hotels that are not part of their primary businesses.