Search results for “Companies”
Shanghai Free Trade Zone to establish wholly foreign-owned travel agencies
09/27/2017|8:42:43 AM|
China (Shanghai) Pilot Free Trade Zone was officially approved to let foreign-owned travel agencies carry out pilot outbound travel business.
China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition
08/17/2017|8:00:45 PM|
China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.
China's travel club Yuelvhui completes an angel round
09/21/2017|10:37:14 AM|
The business mode of Yuelvhui is to “expand lifestyle and travel IP on top of meeting basic travel demands”.
CYTS operating revenue drops 4.31% to ¥4.761 billion
08/31/2017|12:55:26 PM|
In H1 2017, CYTS made ¥1.652 billion in operating revenue from travel products, ¥886 million from integrated marketing services, ¥197 million from hotels and ¥784 million from attractions.
Shanghai Disneyland receives over 13 million visitors
08/11/2017|2:29:04 PM|
The Walt Disney Company reported an increase of 12% in its parks and resorts revenue for the third fiscal quarter, to $4.9 billion, and Shanghai Disneyland has received more than 13 million visitors.
Railway service platform Lvtu Diandian closes an angel round
09/11/2017|3:55:25 PM|
Railway passenger service platform Lvtu Diandian is trying to build its presence in the railway market via in-train consumption and establish itself as the Meituan and Eleme in railway transportation.
Wanda Group restructured into three entities in transformation as a service provider
08/09/2017|11:19:37 PM|
After selling its assets to Sunac China and R&F Properties, Wanda has started internal restructuring, forming new companies in tourism, media and sports to develop clearer business lines with Wanda Cultural Group.
Homestay management platform “Ebnb” raises RMB 20 million
08/15/2017|11:54:56 AM|
Ebnb applies its specialized management capabilities to standardize the quality of homestay hardware and service in answer to prevalent issues of C2C homestay platforms.
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