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Search results for “second-tier cities”
Airlines swoop on China's tier 3-4 cities in search of growth
03/28/2019
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9:05:16 AM
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The upsurge is due to local authorities attracting carriers with subsidies and a jump in consumption by local residents at the same time.
Homestay category on upswing in China, but what’s there to differentiate?
03/26/2019
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1:36:49 PM
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Brands such as Tujia, Xiaozhu and Airbnb are expanding their listings in China. An intriguing facet at this juncture is what is being done to stand out when one property could be available on more than one platform.
IHG to double its China hotels, focus on one Guangdong island
04/08/2019
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9:49:37 AM
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The company will build more hotel projects in Hengqin and is very upbeat about the local tourism hotel sector's future development, Bulley said.
GreenTree total revenues grow 21.4% to $137.4 million in 2018
03/14/2019
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7:56:10 PM
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In 2018, ADR was RMB164, an increase of 4.5% year-over-year; occupancy rate was 82.1%, a decrease of 0.5% year-over-year; RevPAR was RMB135, representing a 3.8% year-over-year increase.
Meituan homestay CEO: China’s B&B sector has potential to grow 6-8 times
01/28/2019
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10:44:46 AM
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Meituan’s data shows that the annual average room nights for China's homestay industry had been doubling in 2016-2018, and the rate of increase is expected to be over 100% from 2019 to 2021.
Huge consumption capacity still to be unlocked: Ctrip chairman
03/06/2019
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2:20:22 PM
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Ctrip believes its strong foundation and the rise in the urbanization rate offer the company an opportunity to strengthen its presence in the Chinese market.
Qunar’s GMV increases 30% to reach USD 37 billion
01/16/2019
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12:15:20 PM
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The GMV of Qunar.com has increased about 30% from a year ago and train ticket business continues to increase by 40%.
Fliggy issues 2018 Travel Report
01/28/2019
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10:42:26 AM
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The increase in the number of outbound Chinese travelers was 20% higher than that of domestic travelers YoY.
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