Articles tagged “china”

Chinese Companies Are Now Investing in Flying Car Technology

Chinese Companies Are Now Investing in Flying Car Technology

Adam Minter, Bloomberg

While places like Dubai have spurred the most innovation so far, the path to mainstream flying car adoption may well run through China if its government and companies continue to invest in the sector.

2 days ago

Airbnb’s New China Strategy Includes a Focus on Quality — and Quantity

Airbnb’s New China Strategy Includes a Focus on Quality — and Quantity

Deanna Ting, Skift

Can we say we told you so again? In July, we noted that as Airbnb pursues its eventual IPO, China and the wider Asia-Pacific region will be absolutely critical, but the competition is tough and plenty of challenges remain.

2 weeks ago

New Research Available: Analyst Session + Data Sheet on Ctrip and China Online Travel

New Research Available: Analyst Session + Data Sheet on Ctrip and China Online Travel

Meghan Carty, Skift

Smartly, Priceline has shown no shame in capitalizing on the China opportunity through minority-stake investments. It works both ways, too. Numerous local players want a piece of China's exploding outbound travel business. That means investments in western assets. Subscribe to our Skift Research to know more.

2 weeks ago

Skyscanner Is Propelling Ctrip’s International Growth

Skyscanner Is Propelling Ctrip’s International Growth

Sean O'Neill, Skift

Ctrip, along with its partially owned sister brand Qunar, dominates Chinese online travel sales, but it has begun to lean heavily on its recently acquired flight search company, Skyscanner, to boost overseas sales.

3 weeks ago

Six Flags Is Making a Bigger Entry Into China With Three More Parks

Six Flags Is Making a Bigger Entry Into China With Three More Parks

Hannah Sampson, Skift

There's not much theme park development in the United States, so growth has to come from somewhere. Six Flags sees a lot of potential in China and other destinations around the world.

3 weeks ago

Former Airbnb China Head Was Forced Out Over Relationship With Employee

Former Airbnb China Head Was Forced Out Over Relationship With Employee

Olivia Zaleski and Eric Newcomer, Bloomberg

Ge's resignation is the latest of many employee departures for Airbnb in recent weeks. They include chief marketing officer Jonathan Mildenhall; director of experience Katie Dill, who left for Lyft; and managing director of international business development Ronnie Gurion, who left for HomeAway.

4 weeks ago

Inside the Travel Habits of China’s High-Spending Millennials

Inside the Travel Habits of China’s High-Spending Millennials

Laura Powell, Skift

Make no mistake: Chinese millennial travelers are among the richest groups in China, with the majority holding white-collar jobs. When this generation speaks, the luxury market should listen.

4 weeks ago

Airbnb Head of China Operations Departs as Co-Founder Settles Into New Role

Airbnb Head of China Operations Departs as Co-Founder Settles Into New Role

Olivia Zaleski and Eric Newcomer, Bloomberg

Airbnb co-founder Nathan Blecharczyk's recent ascension to the post of chairman of Airbnb China and now Hong Ge's departure as head of its China operation are all part of the housecleaning the company feels it needs in the strategic market. Despite all the swagger about Airbnb's growth, it's obvious from the latest changes that the trajectory of the company's China position wasn't going according to plan.

4 weeks ago

China Outbound Travel Spending Disparity Shows Enormous Growth Potential

China Outbound Travel Spending Disparity Shows Enormous Growth Potential

Dave Montali, Skift

Although China is the largest market in outbound travel, a deeper look at the figures shows that China is still far from its potential. Just 8.7 percent of Chinese hold a passport today.

1 month ago

Airbnb Co-Founder Nathan Blecharczyk Named Chairman of Airbnb China

Airbnb Co-Founder Nathan Blecharczyk Named Chairman of Airbnb China

Deanna Ting, Skift

With all the leadership changes taking place at Airbnb in the past few weeks, should we be expecting even more? Does this mean a CEO change is next?

1 month ago

China Wants Cruising to Grow But Also Wants More Control

China Wants Cruising to Grow But Also Wants More Control

Mason Hinsdale, Jing Travel

Cruise executives have said they are optimistic about the future of cruising in China in part because the government has made the growth of the industry there a priority. Are those priorities evolving?

1 month ago

Airbus-Bombardier Deal Could Challenge Chinese Plans to Be a Power in Aircraft Sales

Airbus-Bombardier Deal Could Challenge Chinese Plans to Be a Power in Aircraft Sales

Kyunghee Park and Dong Lyu, Bloomberg

Chinese aircraft ambitions will certainly be tested by Airbus, but Comac also must decide whether China's domestic or international market is more important in the long term.

1 month ago