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CYTS operating revenue drops 4.31% to ¥4.761 billion

In H1 2017, CYTS made ¥1.652 billion in operating revenue from travel products, ¥886 million from integrated marketing services, ¥197 million from hotels and ¥784 million from attractions.

08/31/2017|12:55:26 PM|ChinaTravelNews

BTG Hotels’ operating income rises 71.33% YoY to ¥3.988 billion

BTG Hotels reported operating income of ¥3.988 billion in H1 2017, an increase of 71.33%; net profit attributable to the parent company grew ¥227 million to ¥241 million, an increase of 1626.29%.

08/31/2017|9:45:57 AM|ChinaTravelNews

TravelDaily Conference presents the 2017 China Travel Innovation Challenge

Six travel firms are set to vie for the title of the most innovative travel product of the year at the 2017 China Travel Innovation Challenge on Sep 14 in Shanghai.

08/25/2017|11:22:27 AM|ChinaTravelNews

IHG’s mantra for localization in China – be “fully embedded”

When you understand data, technology, media mix etc. by being in proximity with local partners, it can pave the way for apt localization, asserts Billy Turchin, VP, Digital and Voice, IHG Greater China.

08/31/2017|10:05:17 AM|ChinaTravelNews

Caissa reports H1 operating revenue of RMB 3.405 billion, up 30.84%

Caissa reported 30.84% growth in operating revenue to ¥3.405 billion while catering services revenue grew 26.19% to ¥476 million, and its tourism business revenue was ¥2.92 billion, up 31.74%.

08/25/2017|9:34:23 AM|ChinaTravelNews

Rentalcars riding on momentum of China’s outbound travel

Eyeing China's growing outbound tourism, Priceline's ground transport unit Rentalcars has set up its service in the country to work with local OTAs and plan partnerships with the Chinese airlines.

08/24/2017|4:34:35 PM|ChinaTravelNews

Utour reaps 3.875 billion yuan from outbound wholesale in H1 2017

In the first half of 2017, Utour chalked up total operating revenues of RMB 5.05 billion, up by 13.40%, and incomes of outbound wholesaling business grew by 13.11% to RMB 3.875 billion.

08/23/2017|7:08:47 PM|ChinaTravelNews

Spring Airlines reports operating revenue of RMB 5.065 billion in H1 2017

Spring Airlines reported operating revenue of RMB 5.065 billion in H1 2017, up by 28.1%. Net income was RMB 554 million, down by 25.15%. Ancillary revenue increased by 23.6% to RMB 409 million.

08/17/2017|7:13:48 PM|ChinaTravelNews
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