Travel & Leisure

Wynn Macau granted Cotai Strip land in Macau

Wynn Macau (1128.HKG), part of gaming giant Wynn Resorts (WYNN .NASDAQ) won approval to develop a new casino in the up-and-coming Cotai area in Macau,

NetJets, Swiss VistaJet announce new China ventures

NetJets, the business-jet operator owned by Warren Buffet's Berkshire Hathaway (BRK.A, BRK.B.NYSE), announced plans to form a joint venture in China to meet

China Eastern, Qantas to start Hong Kong budget airline

China Eastern Airlines (600115.SH) and Australian national carrier Qantas (QAN.ASX) announced plans to launch a Hong Kong-based budget carrier to tap into As

China Eastern forsees big drop in 2012 travel

China Eastern Airlines (CEA.NYSE, 600115.SH, 0670.HKG), the country’s second-largest carrier, expects a “big” drop in travel-demand growth this year due to t

Macau gambling revenue up 22%

Gambling revenues in Macau hit US$3.04 billion in February, up 22.3% year-on-year, the

Mainland China to become world's largest tourism market in 10 years

The Chinese mainland will become the world's largest tourism market within the next 10 years, as well as the largest outbound tourist source, Fan Min, CEO of

Universal in talks for theme park in Tianjin

Comcast Corp's (CCE.NYSE, CMCSA.Nasdaq) NBC Universal held preliminary talks to build a theme park in Tianjin, as the northern port city seeks to become a ce

Ying/yang; Tsang/Tang

If we here at CER had a penny for every time friends offered us a ride in their yacht or private jet, we’d collectively have zero pennies.

China hikes oil prices for first time in 10 months

China has raised domestic fuel tariffs for the first time in 10 months in a bid to spur production by refiners including China Petroleum & Chemical Corp

Sands China's stock climbs to record high on profit growth

Shares of Sands China (1928.HKG), a casino division owned by Las Vegas Sands Corp (LVS.NYSE), climbed to a record high in Hong Kong Thursday on the back of a

Macau gambling revenues rise 35% in January

Macau’s gambling revenue increased 35% year-on-year in January to US$3.13 billion, boosted by strong mainland demand during the Chinese New Year holiday,

China's Jiangsu province ranks top in tourism revenue in 2011

Jiangsu Province has ranked first among the 30 provinces and regions to have released their tourism revenue figures for 2011, with turnover of 558 billion y

1.84m Chinese mainlanders visit Taiwan in 2011

About 1.84 million residents from the Chinese mainland visited Taiwan in 2011, up 11.02 percent year-on-year, according to statistic

Qunar.com considering US IPO

Popular Chinese travel website Qunar.com, part owned by web search company Baidu (BIDU.Nasdaq), may launch an initial public offering on US markets this year

Hong Kong Disneyland considers further expansion

Hong Kong Disneyland said on Tuesday it is considering further expansion after reporting higher visitor numbers, and a lower than expected annual loss,

65 percent of China's migrant workers to return home for Chinese New Year

Around 65 percent of migrant workers plan to return to their hometowns for the Spring Festival break, according to a survey by the National Population and F

China sees 800,000 foreign tourists visit Hainan in 2011

China's southernmost island province of Hainan is estimated to have received more than 800,000 overseas tourists this year, according to a local tourism off

China's star-rated hotels near 14,000

The number of China's star-rated hotels has reached 13,908, including 607 five-star hotels, bolstering the country's tourism infrastructure, according to a

China's sports lottery sales hit US$14pt3bn

Sports lottery sales recorded a new high of 90.3 billion yuan ($14.28 billion) this year, Liu Peng, director of the General Administration of Sports, said a

China mainland tourists to Hong Kong up by 20% in first ten months

In the first 10 months of this year, mainland tourists bound for Hong Kong numbered 27 million, up 20 percent year-on-year, according to data released by th

Mainland-Taiwan trade grows by 12.5%

The trading volume between the Chinese mainland and Taiwan reached $120.9 billion from January to September this year, up 12.5 percent year-on-year and acco

China's tourism sector revenue to hit US$395bn by 2015

The total revenue of China's tourism industry will reach 2.5 trillion yuan ($394.55 billion) in 2015, representing an average annual growth of 10 percent, W

China warns EU airline carbon tax could spark ‘trade war’

China has criticized an EU plan to levy a carbon tax on all airlines in its airspace, with state media warning of sparking a global trade war, the

Gaming revenue in Macau breaks new record

Gambling revenue in Macau, the world's largest gaming destination, broke a new record in October, ri

China's yachting sector to increase

During the next 10 years, China will have 100,000 new yachts and the market will be worth between 50 billion ($7.8 billion) and 100 billion yuan.

Outbound trips from China to European countries hit 24% in 2010

The total number of outbound trips from China hit 15.7 million in 2010, with 24 percent going to European countries, Hedorfer said.

China's SOEs to cash in on Shanghai Disneyland

The Disneyland resort in Shanghai is scheduled to open in 2016.

Not amused

How China's theme park industry became a confluence of corruption and real estate speculation

The weird and the wonderful: Notable Chinese theme parks

Window of the World, Shenzhen

The big picture

Chinese movie-goers are clamoring for larger-than-life entertainment

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