Chinese tourists made 3.44 million trips to Thailand from January to April this year. Thai economy is still flagging while its tourism is showing outstanding vigor.
Caissa Touristic’s revenues from tourist services increased 52.47% YoY to RMB 2.22 billion in the first half of 2016. Net income was RMB 36.34 million, up by 76.79%.
Occupancy rate was 85.2% in Q2 2016, compared with 85.8% in Q2 2015. The slight decrease was due to lower occupancy in lower-tier cities.
Outbound chauffeured and tour guide service Hi Guides has received RMB 120 million in its series B round and is about to launch its B+ round.
Guangzhou-based outbound car-rental platform Zuzuche.com has closed its series B+ round with GF Securities-owned direct investment fund GF Xinde Investment Management as the lead investor.
Tujia’s single-day orders exceeded 56,000 room nights for the first time, China’s house-sharing market is expected to embrace a new round of explosive growth.
CYTS recorded a slight increase in main revenue to RMB 4.976 billion in the first half of 2016. Net income rose 92.17% YoY to RMB 318 million.
Travelport is confident of delivering sustainable growth in the coming years, but it is still waiting for the regulatory environment to open up in China.
