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Key to targeting “second wallet” – ascertain the style of travel

A layer of intelligence that can ascertain an individual or a family’s way of travelling or intent is key to monetising the traffic. This is a key reason why Ctrip has chosen to acquire the US-based Trip.com.

11/13/2017|10:29:42 AM|ChinaTravelNews

ITB China 2018 hosted buyer registration opens

Some 850 top travel buyers will be accepted to attend ITB China – maximizing the business opportunities for ITB China exhibitors and buyers by getting access to exclusive matchmaking system.

11/08/2017|2:41:23 PM|ChinaTravelNews

Homestay booking platform Muniao completes B+ round financing

China’s short-term home-sharing startup Muniao has completed its B+ round financing. The new investors are Quan Funds, Oriental Fortune Capital, Innovation Angel Funds, Plum Ventures and Max Capital.

11/08/2017|7:26:26 PM|ChinaTravelNews

Outbound travel service provider Phoenix Tours closes RMB 700 million C round

Outbound travel service provider Phoenix Tours announced that it has received RMB 700 million in its C round financing. It will continue to balance supply and demand with the funds raised.

11/07/2017|10:41:32 AM|ChinaTravelNews

Jin Jiang hotels’ operating revenue stands at RMB 10.03 billion

In January-September, Jin Jiang International Hotels netted RMB 10.03 billion in operating revenue, up 32.86%, and the net profit attributable to the listed company was RMB 712 million, up 40.75%.

11/03/2017|9:08:35 PM|ChinaTravelNews

Asia Pacific business travelers most worried about safety and security

A Carlson Wagonlit Travel research found that more than half (56%) of Asia Pacific travelers are concerned about safety and security, while their counterparts from other regions are less worried.

11/03/2017|11:14:36 AM|CarlsonWagonlitTravel

Xiaozhu co-founder anticipates profit in 2018 and moots listing plan

Xiaozhu has been operational online with clear transaction scale and business model, and the possibility of going public is becoming clearer, though no timetable has yet been set.

11/02/2017|4:52:25 PM|ChinaTravelNews

Ctrip ticketing revenue grows 41% to $515m aided by Skyscanner

Ctrip's net revenue rose 42% to RMB 7.9 billion in the third quarter of 2017. Air tickets sold by the company's international unit continued to grow at a triple-digit percentage rate.

11/02/2017|10:39:30 AM|ChinaTravelNews
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