China Travel International Expands Tourism Footprint with New Resorts and Qinghai Joint Venture
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China Travel International Investment Hong Kong has expanded its tourism portfolio by acquiring Jilin Songhua Lake International Resorts and China Travel (Beijing) Bingxue Sports Development. These assets generated approximately RMB170 million in revenue in the first four months of 2026. The company also formed a joint venture in Qinghai Province, investing RMB102 million for a 51% stake in a project aimed at enhancing regional tourism. The initiative attracted over 20,000 visitors during the May Day Golden Week.
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