Search results for “New Year”
Ctrip takes global expansion to reduce risks from geographic uncertainties
Trip.com has achieved "quite sustainable profitability" in Hong Kong, and is very close to break-even point in Japan and South Korea, according to CEO Jane Sun.
Ctrip reports 19% rise in net revenue, proposes to change company name to Trip.com Group
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).
Howsy raises £5m to ‘make renting as easy as booking a hotel’
The latest round of funding will allow Howsy to expand its team and make a number of acquisitions.
Hotel Engine raises $16 million after 4 years of bootstrapped growth
Despite being bootstrapped since its founding in 2015, Hotel Engine has experienced 300% growth year-over-year and is now valued at over $150 million.
Using digital assets diligently for Chinese platforms / ecosystems
Foreign airlines are looking at capitalizing on their digital assets and minimizing the integration work when it comes to working with any established or emerging platform/ ecosystem in China. One area of focus has been standardized components for front-end web.
What does OYO mean for the Chinese hotel industry?
The standalone hotels that are hidden below the iceberg present a trillion-RMB market experiencing consumption upgrade.
China’s hotel construction expands with all-time high despite economic slowdown
China's total hotel construction pipeline swelled to 2,991 projects/592,884 rooms in the first half of 2019, up 19% by projects and 7% by rooms year-over-year, both at all-time highs, amidst an economic slowdown.
Three Major Airlines in China net RMB 6.8 billion with net profit decrease in H1 2019
China Southern Airlines, Air China and China Eastern Airlines reported revenue growth and netted 197.036 billion yuan collectively, but net profit attributable to shareholders of listed companies was down, at a total of 6.772 billion yuan.
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Hong Kong bourse discusses secondary listings with Ctrip, Netease
US, China, Germany rank Top 3 countries by annual tourism revenue
Japan under pressure as competition for Chinese tourists hots up
Trip.com Group-backed hotel firm explores non-residential hotel values
Agoda research reveals travel trend expectations for the 2020s
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