Search results for “China tourism”
China’s star-rated hotels net RMB 471 million profit in 2016
10/23/2017|10:46:33 AM|
The star-rated hotels in China netted operating incomes of RMB 202. 726 billion and total profits of RMB 471 million last year. Room and catering accounted for 44.79% and 41.30% of the total revenues.
TravelDaily China-ITB Asia Session on China’s unprecedented growth
10/12/2017|10:43:54 AM|
“Breaking through in a New Era” is the main theme of TravelDaily China-ITB Asia Session to highlight China’s unprecedented growth in travel and its importance to the global industry.
Overseas independent travel provider RRUU raises RMB 35 million
08/18/2017|3:19:00 PM|
RRUU has recently received RMB 35 million in its A+ round financing and is to complete the B-round financing later this year.
Chinese tourists to make 9 million trips to Thailand in 2017
07/18/2017|8:08:26 PM|
Thailand’s tourism authority projected that Chinese tourists will make 9 million trips to the country this year, remaining its biggest source of foreign visitors.
Tuniu-invested OTA Banma Trip receives another round of financing
12/12/2017|8:47:39 AM|
Online travel company Banma Trip has recently received an undisclosed amount in a new round of financing from Aurora Private Equity, following the May round of financing from Tuniu.com.
Sino-Australia travel peak leads to more direct routes in lower-tier market
09/28/2016|9:16:29 AM|
Chinese carriers are seeking to launch more non-stop services between Australia and lower-tier Chinese cities, as demand is booming while air rights in top-tier cities are tight.
UTour acquires 13 stores to expand its retail travel in Suzhou
10/20/2017|9:38:12 AM|
UTour taps Xingzhou International Travel’s competitiveness in Suzhou to make up for its own lackluster performance in its Suzhou retailing business through the collaboration.
Chinese real estate company buys luxury travel firm A&K for $412 million
10/17/2017|10:50:07 AM|
Neo Dynasty, an overseas subsidiary of Chinese real estate and investment company Zhonghong Group, has closed the acquisition of 90.5% stake in luxury travel firm Abercrombie & Kent for $412 million.
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