September 9 – Travel growth in China will keep growing at double-digit rates in the next 3 years, with revenue from gross flight and hotel bookings to total $30 billion, according to a study by travel industry market research firm PhoCusWright. China's online air travel bookings grew 50% and hotel bookings were up 37% in 2012, the study said.
September 6 – China will need to buy 5,580 new commercial aircraft valued at $780 billion in the next 20 years, Boeing Co (NYSE: BA) said.
August 23 – Premier Li Keqiang said the central government will step up railway construction in western regions, particularly in the underdeveloped areas. Li made the remarks during his visit to the northwestern province of Gansu earlier this week. Li said good transport will help companies expand business in the region and create more local jobs.
August 22 – 45% of the hotels said they received more Chinese tourists in 2012 and 10% of them said their revenue from Chinese tourists would grow over 50% in the next 3 years, and 47% expected an 11-50% growth rate, according to a report released by Hotels.com, which surveyed 3,000 Chinese tourists traveling overseas and 1,500 hotels outside of China in Q2 2013.
August 16 – Over 83 million Chinese tourists spent $102 billion overseas in 2012, almost double the amount recorded in 2010, according to the 2013 Report on China's Spending of Duty Free Goods. This made Chinese tourists the world's biggest traveling spenders.
August 19 – Marriott said it has opened 61 hotels in China, including 20 in Shanghai, 10 in Beijing and 7 in Guangdong.
August 12 – Hilton said it plans to open 10 hotels in China this year and to operate 100 hotels in the country by 2015, Linkshop.com.cn reported.
August 5 – 21 Chinese airlines are expected to get a total of 433 million yuan in subsidies in 2013 for their regional flights, according to a noticed released by the Civil Aviation Administration of China. Earlier this year 524 million yuan were earmarked for the construction and renovation of 134 regional airports. Costlier fuel and fewer customers are weighing on China’s regional aviation markets.
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