Ctrip.com International Ltd, a leading online travel agency in China, announced it had signed a strategic partnership agreement with three US-based travel
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The three US agencies－Tours for Fun, Ctour and Universal Vision-signed the deal with Ctrip on Wednesday in New York, agreeing to share resources to provide better services for Chinese tourists. The terms of the agreement were not
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“An important strategy of Ctripis to internationalize and to strategize outbound travel,” said Yang Tao, Ctrip’s senior vice-president and CEO of the vacation unit.
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“This time, Ctrip and (its) three partners will work together to quickly implement
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Chinese tourism to the US continues to grow, with 2.59 million visiting in 2015, an 18 percent increase over 2014. Spending totaled nearly $27 billion last year.
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Richard Sun, CEO of Universal Vision, said that as Chinese tourists become more important to overseas destinations, strategic investments and partnerships will
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