Search results for “CITS”
China’s duty-free sector to retain price advantage after July customs cuts
06/07/2018|10:23:53 AM|
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|7:17:46 PM|
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|2:56:29 PM|
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|5:28:28 PM|
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|1:51:32 PM|
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|2:03:21 PM|
The inaugural offline event for ITB China Buyers Circle is announced to take place from 12 to 15 December at Wanning, Hainan Province.
Business travel spend in China to grow 6.5% annually until 2022
10/12/2018|11:09:35 AM|
The Global Business Travel Association’s latest Business Travel Index noted that annual business travel spend in China grew from $32 billion in 2000 to around $347 billion in 2017.
CITS operating revenue grows 4.12% in three quarters
11/07/2016|11:07:12 AM|
CITS registered operating revenue of RMB 16.445 billion in first three quarters of 2016, up by 4.12% YoY. Net income was RMB 1.461 billion, 10.78% more than last year.
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