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News

  • 11/26/2012
    China Eastern Airlines has agreed to buy 60 Airbus A320 aircraft. In a statement to the Hong Kong Stock Exchange, Shanghai-based China Eastern said the new aircraft, which are worth approximately US$5.3 billion at currently list prices, would help it meet rising demand for domestic short- and medium-haul passenger routes. While the purchase is...
  • 11/22/2012
    Hotels in the Asia Pacific region saw slight declines in terms of both occupancy and average rates in October 2012, as the injection of new supply into emerging markets diluted performance. According to data compiled by STR Global, the Asia Pacific region’s occupancy declined 0.2% year-on-year to 70.9%, while average daily rates (ADR)...
  • 11/07/2012
    Anantara has entered the Chinese hotel market for the first time with the launch of a new luxury resort in Sanya. The hotel brand, which is controlled by Thailand-based Minor International, has unveiled the Anantara Sanya Resort & Spa, on the shores of southern China’s Hainan Island. Facilities at the Thai-styled resort include 122...
  • 11/07/2012
    The reshaping of the global aviation industry has moved forward dramatically over the past 12 months, driven by carriers from the Asia Pacific region. This is the message from the Director-General of the Association of Asia Pacific Airlines (AAPA), Andrew Herdman, who was speaking yesterday at the annual AAPA Assembly of Presidents in Kuala...
  • 11/06/2012
    International tourist arrivals grew by 4% in the first eight months of 2012, as the record year for the world’s tourism industry continues.  According to the latest data from the UNWTO, a total of 705 million tourists travelled internationally between January and August 2012 – 28m more than last year and the highest eight-month...

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