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US travel income dropped due to stagnating arrivals, OYO sees China profitability, more

Spending by international visitors in the US dropped nearly 1% largely due to stagnating visitor arrivals from China; OYO China CFO said that the firm will think through profitability models in China.

03/12/2019|10:26:17 AM|ChinaTravelNews

Fliggy spearheading “Global Fun” as part of Alibaba’s globalization strategy

There is still much room for cross-brand synergy or consolidation under the umbrella of Alibaba.

03/06/2019|3:32:24 PM|ChinaTravelNews

Huge consumption capacity still to be unlocked: Ctrip chairman

Ctrip believes its strong foundation and the rise in the urbanization rate offer the company an opportunity to strengthen its presence in the Chinese market.

03/06/2019|2:20:22 PM|ChinaTravelNews

Fosun Tourism wishes global families to “take a FOLIDAY, instead of a holiday”

With differentiated brands, products and customers, the Chairman and CEO of Fosun Tourism sees more synergy than competition.

03/06/2019|5:28:20 PM|ChinaTravelNews

Trip.com: Earn global market shares through differentiated strategies and local teams

Trip.com values not only the variety and pricing of their supply but also service localization.

03/05/2019|6:41:16 PM|ChinaTravelNews

Trip.com, Rezdy form first-time partnership

Ctrip and Trip.com will utilize Rezdy’s live-inventory management platform which maximizes access to markets around the world.

03/04/2019|6:04:59 PM|ChinaTravelNews

OYO China CFO: We’ll have clear models for hotel operation and profitability

"We know that speed, manpower efficiency and scalability are equally important. What’s not going to happen this year is that we will only manage to keep 5,000 of the 10,000 hotels we signed in 2018."

03/04/2019|8:57:29 AM|ChinaTravelNews

Chinese make 6.31m overseas trips for holiday, Ctrip teams up with Baidu, and more

Chinese arrivals to Europe rose 5.1% in 2018 despite economic slowdown and Brexit, Ctrip invested again in robot maker Yunji, and Spring Airlines has integrated operation data into Airbus’ Skywise platform.

02/24/2019|8:54:01 AM|ChinaTravelNews
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