HK Travel Service Eyes Mainland

China Travel Service Hong Kong Ltd's aggressive march into the mainland travel market could add fuel to the fires of fierce competition already burning through out the sector.

Aiming to fully tap the mainland tourist market, China Travel Service Hong Kong (CTSHK) plans to acquire 200 domestic travel agencies in two years, according to Shen Zhuying, president of the company.

Shen said CTSHK is planning to reinforce its tourist services on the mainland, establish branch offices across the country in the next two years and invest in western China to help develop new scenic spots.

He explained that his company is trying to capitalize on an expected increase in foreign tourists over the next seven years, after Beijing won the bid to host the 2008 Olympic Games.

The company plans to acquire and merge with domestic travel agencies in the more developed markets of Guangdong and Fujian provinces and the cities of Beijing, Shanghai and Xi'an.

The travel agencies under the China Travel Service Group will be the primary targets, Shen said, since his company has co-operated with the group before and because the two share the same brand.

"Partnership with overseas industry players can help domestic travel agencies raise their standards and enhance their competitiveness," Shen said.

Meanwhile, CTSHK is applying to the government for a business licence to run tour services on the mainland.

If successful, the application will break through current restrictions on wholly overseas-owned travel services operating in key tourist cities in China.

Shen said he is confident his company will obtain the licence but is still uncertain when that will occur.

Facing CTSHK's aggressive challenge, China Youth Travel Service, a domestic giant in the sector, said it is also carrying out a strategic expansion.

Jiang Jianning, president of China Youth, said his company will shift focus from profit to scale, aiming to become an international tourism wholesaler.

"We will acquire well-performing domestic agencies in the famous scenic regions and develop more chain stores around the country," Jiang said.

China Youth Travel has opened five chain stores in Beijing and is expected to have 12 more in the city by the end of this year.

Jiang said the company has purchased a 60 percent stake in Guangzhou International Youth Travel Agency for 3.6 million yuan (US$434,700).

The acquisition will help his company become stronger in the South China market, he said.

Yue Zuofu, a professor at Beijing Tourism College, said the acquisition tide triggered by CTSHK will speed up restructuring of the travel industry in China.

"Acquisition and co-operation are necessary for the development of travel services, and it is time for them to compete through capital and talents rather than through lower prices," Yue said.

The industry, despite bursting with potential, is plagued by limited capital scales, insufficient infrastructure, substandard management and outdated marketing strategies.

Last year, 80 million foreign tourists came to China, up 16 percent over 1999. They brought US$15.6 billion in foreign exchange to the country.

At the same time, 10 million mainland tourists travelled overseas, up 13 percent over the previous year.

The travel industry accounted for 5 percent of China's gross domestic product last year and the figure is projected to reach 8 percent by 2010.

(China Daily 07/23/2001)

Hong Kong Art Festival Welcomes More Mainland Visitors

Hong Kong Tourism Enters New Era

Hong Kong Investors Develop Tourism at Qinghai Lake

HK to Launch Courtesy Campaign to Promote Tourism

Hong Kong Taxi Drivers to Get Free Language Lessons

HK Sees More Visitors From Long-haul Markets

Beijing and HK Join Hands in New Travel Agency

Hong Kong Hosts International Tourism Asia 2000

主站蜘蛛池模板: 久久久久一级片| 国产电影在线观看视频| 亚洲一区动漫卡通在线播放| 老师的圣水女主小说网| 国产精品自产拍在线观看| 久久4k岛国高清一区二区| 欧美激情第1页| 又粗又猛又黄又爽无遮挡| 香蕉久久成人网| 国产肉体xxxx裸体137大胆| 中文字幕在线看视频一区二区三区| 欧美日韩激情在线一区二区| 人妻大战黑人白浆狂泄| 芬兰bbw搡bbbb搡bbbb| 国产精品成人99一区无码| 99在线免费视频| 打麻将脱内衣的小说阿蕊| 亚洲免费网站观看视频| 精品一区二区三区波多野结衣 | 男人桶进女人p无遮挡小频| 国产做无码视频在线观看| 国产激爽大片高清在线观看| 天堂网在线资源www最新版| 一二三四社区在线中文视频| 日韩免费视频播播| 亚洲欧美日韩中文字幕在线一区| 男女一进一出猛进式抽搐视频 | 国产在线精品香蕉麻豆| 国产精品久久久久久久久久免费| 55夜色66夜色| 孪生兄弟3ph尴尬| 一级毛片无遮挡免费全部| 最新电影天堂快影eeuss| 亚洲视频一区在线播放| 色窝窝亚洲AV网在线观看| 国产免费一区二区三区不卡| 高清国产一级毛片国语| 国产成人亚洲综合一区| 97久久精品国产成人影院| 在线精品国精品国产不卡| 三级午夜三级三点在看|