Search results for “Business”
Huazhu Hotels reports 85% occupancy and 207 new hotels in Q2 2015 report
08/18/2015|10:31:38 AM|
China Lodging Group added 207 hotels had 85.8% occupancy rate while net revenues increased 16.9% to RMB1.46 billion in Q2 2015.
Homeinns Hotel refuses to slow down in a taxing environment
08/13/2015|6:16:53 PM|
Q2 proved to be yet another tough quarter for Homeinns. But it is focused on strengthening its customer base via mobile and expansion of mid-scale portfolio.
RMB devaluation to have limited immediate effect on tourism
08/13/2015|6:16:06 PM|
Although outbound tourism will be adversely affected by the RMB’s exchange rate if it continues to fall, immediate effects are expected to be limited.
China's Airbnb Zhubaijia raises US$31 million
08/13/2015|10:21:00 AM|
Overseas short-term rental platform Zhubaijia announced it raised almost RMB200 million in its B Series financing round.
Wanda calls out Disney to vie for global dominance in tourism attractions
07/24/2015|2:42:31 PM|
Wanda chairman Jianlin Wang has bared his ambition to dethrone Walt Disney Co. by achieving 200 million visits and becoming the “world’s largest tourism company”.
Utour jointly invests in US$322 million outbound tourism investment fund
08/10/2015|4:09:13 PM|
Utour will invest in a 10% stake in JV tourism investment company Tianjin Youtou Jinding Investment.
Tuniu’s CEO rules out privatization amid globalization forays
08/06/2015|4:32:52 PM|
Tuniu’s CEO Donald Yu said it has no privatization plans but will accelerate its globalization strategy and aims to add 100 overseas destination centers overseas.
Payment acceptance in China is all about dealing with fragmentation
07/08/2015|10:20:12 PM|
Payment technology maturity and adoption is diverse in China. Airlines need to follow different rule sets and service levels for alternative payment types than that of credit cards.
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