Categories
Old Content Travel & Leisure

HK Disneyland in strife

Disney’s troubled Hong Kong Disneyland theme park made a net loss of $169.4 million last year while attracting 4.6 million visitors, in its first major admission of its financial performance since its opening in 2005.

Categories
Old Content Travel & Leisure

First ever tourism deficit

China’s statistics from 2009 are expected to show its first deficit in tourism, due to a weak global economy and a strong travel incentives at home.

Categories
Old Content Travel & Leisure

1,459-year-old Buddha's $10.8M facelift

China’s oldest Buddhist statue, which is on the brink of collapse, is about to get a $10.8 million facelift.

Categories
Old Content Travel & Leisure

Chinese travel abroad increases

China’s statistics from 2009 are expected to show its first deficit in tourism, due to a weak global economy and a strong travel incentives at home, a senior researcher said.

Categories
Old Content Travel & Leisure

Hainan tourism spelled out

Hainan’s Communist Party of China chief, Wei Liucheng, has said China’s plan to build its southernmost island of Hainan into an international tourist destination will have no adverse impact on other countries and regions.