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Search results for “trend forecast”
Trip.com Group reports 12% rise in net revenue
11/14/2019
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7:08:30 AM
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Accommodation reservation revenue climbed 14% to US$576 million and transportation ticketing revenue increased 3% to US$521 million.
China’s hotel construction expands with all-time high despite economic slowdown
09/03/2019
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3:02:35 PM
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China's total hotel construction pipeline swelled to 2,991 projects/592,884 rooms in the first half of 2019, up 19% by projects and 7% by rooms year-over-year, both at all-time highs, amidst an economic slowdown.
Ctrip reports 19% rise in net revenue, proposes to change company name to Trip.com Group
09/10/2019
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7:17:11 AM
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Accommodation reservation revenue climbed 21% to RMB 3.4 billion (US$497 million) and transportation ticketing revenue increased 13% to RMB3.4 billion (US$496 million).
China's civil aviation grows steadily in first seven months
08/19/2019
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6:42:01 PM
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Some 381 million passenger trips were handled by China's civil aviation sector during the first seven months, up 8.7% over the same period last year.
Free and independent travellers and events fuel Chinese tourism
05/31/2019
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10:36:22 AM
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There is increasing enthusiasm to travel independently, and more people are seizing the opportunity to travel abroad over major public holidays.
Trade war threatens business travel as Chinese companies slash conference budgets
05/23/2019
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2:48:03 PM
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Overseas travel agencies have rolled out road shows in China recently in an attempt to grab a slice of the pie.
Cancellation rate at 40% as OTAs push free change policy
04/24/2019
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3:33:38 PM
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The average cancelation rate in 2014 was 32.9% and increased to 39.6% in 2018. It reached a high of 41.3% in 2017.
Hotel spas: Not just for resorts anymore
04/24/2019
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12:14:33 AM
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For the seventh consecutive year, urban hotels (16.8%) achieved greater growth in spa department profits compared to resort properties (9.8%).
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