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Search results for “CITS”
45% Chinese companies expect business travel budget to rise
10/26/2018
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9:35:50 AM
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The Barometer indicates business travel growth in, and around, tier two and tier three cities a key growth area.
China halts permits for individual travel to Taiwan in 47 mainland cities
07/31/2019
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6:42:20 PM
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The move comes amid a rebound in numbers of mainland tourists to Taiwan, which stood at 1.67 million in the first half, up 28% from a year earlier.
China’s duty-free sector to retain price advantage after July customs cuts
06/07/2018
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10:23:53 AM
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CITS posted duty-free sales of RMB 14.9 billion in 2017, up nearly 70% annually. China Duty Free Group contributed close to 40% of CITS' total income in 2017.
CITS wins duty-free concession at Beijing Capital Airport
07/05/2017
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7:17:46 PM
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CITS subsidiary China Duty Free Group has won duty free concession at Beijing Capital Airport for the next eight years. The company is to acquire a 51% stake in Sunrise Duty Free.
Tour opeartor giant CITS plans to buy 51% stake in Sunrise Duty Free
07/04/2017
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2:56:29 PM
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Chinese tour opeartor giant CITS' fully-controlled subsidiary China Duty Free Group plans to splash out RMB 38.8 million to buy a 51% stake in duty-free sales company Sunrise Duty Free.
ITB China Conference has assembled an impressive conference program line-up for 2019
04/25/2019
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5:28:28 PM
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15 May dedicated to sessions dealing with Destination and Customized/ Themed Travel – Conference program now available online.
CITS nets 20% more profit in 2016
05/05/2017
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1:51:32 PM
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CITS Group posted operating revenue of RMB 22.39 billion in 2016, up by 5.16%. Net profit last year climbed 20.07%. Operating revenue grew 10.54% in the first quarter of 2017 while net profit for the period rose 5.83%.
ITB China launches the ITB China Buyers Circle
11/28/2018
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2:03:21 PM
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The inaugural offline event for ITB China Buyers Circle is announced to take place from 12 to 15 December at Wanning, Hainan Province.
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