An industry in the ascendant: online travel firms in China are looking to a bumper year ahead. Photo: Reuters

Baidu-backed Ctrip to consolidate leadership with spending spree as China’s online travel industry sees 2016 as being full of smiles

As China’s outbound tourism boom to Thailand, Europe and other destinations continues, Ctrip plans investments in rival Qunar, other firms after recently snapping up a 26.6 per cent stake in India’s MakeMy Trip

TOP PICKS

An industry in the ascendant: online travel firms in China are looking to a bumper year ahead. Photo: Reuters
READ FULL ARTICLE