Search results for “China's lower-tier cities”
Two decades on, Ctrip hopes to emerge even stronger: CEO Jane Sun
08/29/2019|4:54:52 PM|
The domestic online travel category is ripe for expansion, asserts the online travel group. As for the international business, Ctrip expects it to contribute 50% of the total revenue generation in the next 3-5 years.
Ctrip reports 19% rise in net revenue, proposes to change company name to Trip.com Group
09/10/2019|7:17:11 AM|
Accommodation reservation revenue climbed 21% to RMB 3.4 billion (US$497 million) and transportation ticketing revenue increased 13% to RMB3.4 billion (US$496 million).
Sino-US aviation review: Passenger number rose 5% to 8.3 million last year
08/15/2019|2:10:50 PM|
Passenger number was growing slower than flight capacity in the first five months of 2019 between the world’s two largest economies.
Fliggy offers attractive installment payment plans for young travelers
07/20/2019|9:39:31 AM|
Fliggy has launched a new service allowing people to purchase air tickets by installment with zero down payment, which helps to lower the financial threshold for young people to travel the world.
Smart hotel solution provider RestHour raises 50 million yuan
07/11/2019|9:53:24 AM|
The proceeds will be used to advance technology and expand its presence in new markets.
Outbound travel can contribute up to 50% of revenue in 5-10 years: Ctrip CEO
05/24/2019|11:45:47 AM|
The online travel company is optimistic about driving both revenue growth and margin expansion by leveraging large market scale.
Huge consumption capacity still to be unlocked: Ctrip chairman
03/06/2019|2:20:22 PM|
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.
Meituan homestay CEO: China’s B&B sector has potential to grow 6-8 times
01/28/2019|10:44:46 AM|
Meituan’s data shows that the annual average room nights for China's homestay industry had been doubling in 2016-2018, and the rate of increase is expected to be over 100% from 2019 to 2021.
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