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China's high-speed rail serves 7 billion passengers in nine years

China's high-speed rail has carried 7 billion passengers since the Beijing-Tianjin high-speed rail service was inaugurated in 2008. The traffic volume has been growing at an annual rate of over 35%.

10/25/2017|10:49:46 AM|ChinaTravelNews

Ctrip opens up data and cross-platform synergies for destination marketing

Ctrip is not only growing its own technologies and data for destination marketing, but also exploring cross-platform strategies by partnering with internet giants including WeChat and Google.

10/25/2017|7:52:48 AM|ChinaTravelNews

Asia-Pacific hotel bookings increase 93%, with 88% rise in China

Tourico Holidays, a wholesale travel brokerage company, shared data reporting a 93% overall increase in Asia-Pacific hotel bookings in 2017 compared to the same time in 2016.

10/24/2017|2:00:26 PM|TouricoHolidays

Jin Jiang Hotels increases its stake in Plateno Group to 93%

To further integrate resources and reduce costs, Jin Jiang International Holdings will acquire 12.0001% stake held by Prototal Enterprises Limited in Keystone, a Jin Jiang subsidiary that controls Plateno.

10/24/2017|12:44:15 PM|ChinaTravelNews

China’s star-rated hotels net RMB 471 million profit in 2016

The star-rated hotels in China netted operating incomes of RMB 202. 726 billion and total profits of RMB 471 million last year. Room and catering accounted for 44.79% and 41.30% of the total revenues.

10/23/2017|10:46:33 AM|ChinaTravelNews

Outbound and inbound travels surge with China’s OBOR Initiative

The One Belt One Road initiative attracted over 7 million visitors to China last year and 10 million Chinese travelers visited OBOR countries, up 71%, according to a Ctrip report.

10/20/2017|6:13:32 PM|Ctrip

Jinjiang dumps its majority stake in Joyu for RMB 970 million

Jinjiang International has transferred its 16.1892% stake in Joyu Group for RMB 969.8 million, after which it will no longer be a shareholder of Joyu.

10/20/2017|4:28:53 PM|ChinaTravelNews

UTour acquires 13 stores to expand its retail travel in Suzhou

UTour taps Xingzhou International Travel’s competitiveness in Suzhou to make up for its own lackluster performance in its Suzhou retailing business through the collaboration.

10/20/2017|9:38:12 AM|ChinaTravelNews
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