Zaoyuan Hotel

Fengqing Street, Middle Section of Zaoyuan Road Yan'an China

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Tourism News

  • China targets $290 billion investment in tourism by 20202019-08-05

    China aims to invest RMB 2 trillion (USD 290 billion) in tourism by 2020 by attracting more private investment into the industry, China's state planner said on December 14. Saying as tourism infrastructure and public services were "in dire need to be improved", the National Development and Reform Commission (NDRC) said it would plan a batch of key tour...
  • Fosun spins off travel unit for IPO in 20202019-08-05

    Jiannong Qian, vice president of Chinese private conglomerate Fosun International, announced on November 29 that the spin-off of Fosun’s tourism and cultural unit will be completed by the end of 2016. The unit plans to go public independently in 2020. ChinaTravelNews reported in August that Fosun planned to spin off its travel and cultural business a...
  • Hotel monitor 2020 forecasts modest rate rises in the world’s key business centres2019-08-03

    The Hotel Monitor 2020, published by American Express Global Business Travel (GBT), predicts that hotel prices in most key cities will experience only modest rises in 2020. A global boom in hotel construction is increasing the supply of guest rooms just as international trade tensions put a dampener on demand: together, these factors will restrict the abi...
  • Cendyn adds revenue management tools with acquisition of Rainmaker2019-08-03

    Hospitality sales and marketing solution provider Cendyn is expanding the scope of its services with the acquisition of the Rainmaker Group, a revenue and profit optimization platform. The acquisition – for which details were not disclosed – is Cendyn’s first following an equity investment in June from Accel-KKR, which now holds controlling interest...
  • Discovery partners with Chinese media giant CMC to build theme parks2019-08-02

    CMC, a media and entertainment company controlled by mainland tycoon Li Ruigang, has partnered with Discovery, the parent of the American pay television network Discovery Channel, to develop content for preschool children and create theme parks, as demand for quality family entertainment rises in China. The two companies said in a joint press release o...
  • Advent Children’s Museum raises nearly 10 million yuan in seed round2019-08-02

    Advent Children’s Museum, a Shenzhen-based children’s education provider founded in Feb 2018, announced it has raised nearly 10 million yuan in its seed funding round, with BE Capital as the lead investor. The company said it would use the funding to research and develop museum content and exhibitions. The children’s museum is designed to let childr...
  • China halts permits for individual travel to Taiwan in 47 mainland cities2019-08-01

    China will stop issuing permits for individual travel to Taiwan to people in 47 mainland cities from August 1, its culture and tourism ministry said on Wednesday, citing the state of ties with the self-ruled island, but gave no details. People from the mainland need permission to travel to what Beijing regards as a renegade province. Only travellers fr...
  • Vacasa to Acquire Wyndham Vacation Rentals for $162 Million2019-08-01

    Vacasa, the vacation rental management service, will buy Wyndham Vacation Rentals from Wyndham Destinations, the companies said Tuesday. Vacasa will pay $45 million in cash at closing and will give Wyndham Destinations up to $30 million of equity interest in the newly formed company. Vacasa will pay the remaining balance in either seller financing or c...
  • Airbnb Plus seeks to expand in China2019-07-31

    Airbnb Plus is poised to expand in China, as a growing number of independent travelers seek home-sharing to enjoy more local experiences, and many are demanding more from hosts. A report by the State Information Center reveals that the trade size of home-sharing listings in China reached about 16.5 billion yuan ($2.4 billion) in 2018, a 37.5 percent in...
  • China sees growing parent-child tourism2019-07-31

    China is seeing a growing market of parent-child tours, which account for up to 60 percent of the overall domestic and overseas travels, according to a survey conducted by the China Tourism Academy. More than 80 percent of respondents in the survey believe parent-child tours can bring joy for a whole family, and 96 percent want to go on such tours. ...

Zaoyuan Hotel

Fengqing Street, Middle Section of Zaoyuan Road Yan'an China