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China´s Outbound Travel Boom Shows No Sign Of Slowing 2012-7-23

Any broader slowdown in the Chinese economy is having little effect on the country´s growing appetite for international travel. According to figures released this week by the Ministry of Public Security, 38.6 million mainland Chinese citizens ventured outside the country´s borders in the first half of this year, a nearly 20 percent rise over the same period last year.

Britons flocking to foreign beaches to escape the Olympics 2012-7-23

ritons are packing their bags and travelling abroad during the Olympics to be better off, according to a recent survey. Findings by M&S Money revealed that a beach break overseas is more financially viable than staying in London during the first week of the 2012 Games.

Profits plunge at China´s ´big three´ airlines 2012-7-20

China´s three major state-run airlines have predicted a significant downturn in profits for the first half of 2012.Analysts have said however, that earnings are expected to recover in the second half of the year, especially during the summer travel peak season

Asian travellers most likely to book hotels online 2012-7-20

A new study has foundAsian travellers are the most likely to book a hotel online.Which shows a disparity in confidence mirroring the ongoing economic uncertainty in the European and US markets relative to Asia´s strength. We can also learnt from it that in Asia citing cost savings as the key determinant influencing their online bookings.

Establishment of SKAL Club in China opens enormous opportunities for travel industry 2012-7-19

The first SKAL Club to be established in mainland China has been officially approved by the Chinese government authorities.The establishment of it will open enormous opportunities for the travel industry to do business in China, both inbound and outbound.

More Chinese Opting For "Therapeutic Tourism"Instead Of Shopping Sprees 2012-7-19

The rising popularity of experiential tourism especially therapeutic travel is offering areas of natural beauty a huge opportunity.Knowing that a steadily growing subset of Chinese urbanites increasingly view tourism as a chance for R&R rather than intense multi-day shopping, organizations like Tourism of Authority of Thailand (TAT) and Tourism Australia are investing in marketing events and campa

Travelsphere launches new cruise holiday offering 2012-7-19

Travelsphere has launched a brand new Cruise Selection 2012 & 2013 brochure, providing a number of exciting new cruise itineraries as well as the chance to book early for 2013.

Strong sterling gives families 11.5% more holiday euros this year 2012-7-19

ith sterling soaring to its highest rate this year against European currencies, families travelling to the eurozone and other Continental hotspots at the end of the school term can expect to have up to 11.5 per cent more cash in hand compared with last summer

Chinese travelers seek experience, not treadmill tourism 2012-7-19

With the maturity of chinese tourism industry´s coming,the country´s leading travel agencies attempt to replace traditional tour packages with high-end experiences.On Monday, China Travel Service, a big player in the travel industry, announced it will cooperate with vacation resorts in South Korea to provide packages that appeal to well-off families, eco-golfers and winter sports enthusi

Hotels.com makes travel booking more social with introduction of Deals Facebook app 2012-7-18

Hotels.com announced the launch of its Deals Facebook app, which delivers tailored deals that are informed through user preferences and friend activity.

Pricing indicates hotels are wooing business travellers back to London 2012-7-18

Last-minute corporate and leisure travellers are set to benefit from falling prices and a wide range of hotels over the Olympic period, says HRS, Europe´s leading hotel booking portal.

China’s Economy: Glass Half Full, Not Half Empty 2012-7-17

Media fanfare about China´ economic slowdown, though somewhat exaggerated, shows the high hopes that global investors have pinned on the world’s second largest economy, especially with the United States and Europe still struggling with their debt problems.

China´s Int´l Investment Position Reaches US1.79 Trln 2012-7-17

China’s net international investment position at the end of March reached 1.79 trillion U.S. dollars, the State Administration of Foreign Exchange (SAFE) announced Friday.

Hotels gear up for Chinese boom 2012-7-16

Hotels in Asia Pacific are expecting a major rise in Chinese visitors in the coming years, and the majority of the world´s major hotel chains have rolled out services dedicated to Chinese travellers recently according to a new survey by Hotels.com

SUCCESSFUL ROAD SHOW DELIVERS REGIONAL HOSTED BUYERS TO CIBTM 2012-7-16

The level of Hosted Buyers attending CIBTM (www.cibtm.com) from South China has increased by 100%, following a successful roadshow through Chengdu and Shanghai, which took place recently.

China Creates New Visa Category to Attract Overseas Talent 2012-7-12

On June 30, the 11th Standing Committee of the National People´s Congress, China´s top legislature, passed a new Exit-Entry Administration Law at its 27th meeting. One of the highlights of the new law is a new visa category titled "talent introduction" which aims to attract talented individuals from overseas.

AFP launches new airport tip line 2012-7-11

Airport employees and airline passengers are being encouraged to report suspicious behaviour as part of a new Australian Federal Police program.

415 million tourists expected worldwide in the May-August peak season 2012-7-10

International tourist arrivals worldwide grew by 5% in the first four months of 2012, despite remaining economic uncertainties in some of the major outbound markets. According to the latest UNWTO World Tourism Barometer, prospects remain positive for the period May-August, the Northern Hemisphere´ summer peak season, with around 415 million tourists expected to travel abroad.

Chinese Middle Class Key to Consumption 2012-7-4

Economists have been talking for years about the need to boost domestic consumption to achieve more balanced and sustainable economic growth.

China Offers US15 Billion for Latin America Development 2012-7-4

In order to deepen strategic relations with the region, Chinese Premier Wen Jiabao announced the creation of a cooperation fund for the region with an initial input of US5 billion to promote, inter alia, the development of the manufacturing industry, as well as a credit line of US10 billion to boost infrastructure cooperation through the Bank of China.