Search results for “China travel market”
HNA-invested tour operator Caissa Tosun plans to acquire Alibaba-backed rival UTour to form a $1.9 billion giant
06/16/2021|2:20:36 PM|
Alibaba holds a 5% stake in UTour while HNA Group owns more than 21% shares of Caissa Tosun.
Huazhu Group targets lifestyle market opportunities
05/27/2021|11:12:05 AM|
The Chinese hotel company believes its expansion in the lifestyle segment, both via organic and inorganic routes, plus excellent RevPAR growth in lower-tier cities is a positive sign for the group.
Travel photography platform Bojue Photography attracts strategic investment from state-controlled fund
04/29/2021|2:15:57 PM|
Bojue photography was ranked among the Top 20 brands for omni-media advertising.
China sees RV business flourishing with over 5,400 registered companies
06/04/2021|7:01:17 PM|
The number of RVs going up at an annual rate of nearly 50% in the past few years. By the end of 2020, China had a total of 218,000 RVs.
Room night bookings deliver sizable operating profit for Meituan
06/02/2021|1:42:04 PM|
A sign of progress was Meituan’s decision to expand its hotel supply in the high-end segment and the number of bookings garnered from this category continued to rise.
Travel sector eyes consumers from lower-cities in China
04/13/2021|11:25:41 AM|
The travel sector is counting on consumers from lower-tier cities as a vital cog for not only revenue generation in the short-term, but also as a growth engine for the future.
Trip.com net income rises 80% from previous quarter, domestic reservations fully recover
05/19/2021|7:40:58 AM|
Accommodation reservation revenue for the first quarter of 2021 was US$ 241 million, representing a 37% increase from the same period in 2020.
Global hotel brands expand in China; Beijing posts highest RevPAR since Nov | Weekly Review
04/17/2021|10:51:28 PM|
China’s tourism to rake in $195 billion in first half of year; Corporate travel startup Z-Trip raises $14 million.
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