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Search results for “2019”
China’s customized travel market worth RMB 100 billion, more products needed
07/11/2019
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6:16:28 PM
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The customized travel market is likely to be more segmented. The market will desire more itineraries and products from different providers.
Ctrip announces $2 billion facility agreement
07/05/2019
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8:49:45 PM
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The agreement was specified for up to USD 2 billion equivalent transferrable term loan facility with a greenshoe option of up to USD 500 million.
Meituan partners with SiteMinder to explore the overseas hotel market
07/03/2019
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10:55:18 AM
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By strategically partnering with SiteMinder, Meituan now has a complete hotel technology stack to attract international hotel markets, beginning with South-East Asia.
Meituan reports 43.2% rise in in-store, hotel & travel businesses revenue in Q1
05/23/2019
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5:22:19 PM
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GTV of the in-store, hotel & travel businesses grew by 15.1% to RMB46.4 billion in the three months ended March 31, 2019.
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019
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7:31:53 AM
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Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
Accor’s renewed focus – aspirational and experiential aspects of a guest
06/11/2019
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4:16:13 PM
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The driver for Accor going forward is the renewed focus on live + work + play aspects of a guest and owning the relationship, drifting away from being just owner of properties.
Shangri-La is Ctrip’s first globally certified hotel group under its China preferred hotel programme
06/27/2019
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11:34:25 AM
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The iconic Asian luxury hotel group is the first international owner and operator of hotels to earn the title.
China issues US travel warning amid increased tensions
06/04/2019
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5:36:31 PM
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The Ministry of Culture and Tourism issued a travel advisory for the United States amid heightened tensions between the world's two biggest economies.
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