Search results for “New Year”
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.
Trustdata reports China's online hotel industry in H1 2019
Trustdata said that Meituan maintained the No.1 position in room nights for H1 2019, followed by traditional OTA Ctrip.
China's first indoor VR theme park offers high-tech experience to tourists
Since its opening in late July, the park has welcomed thousands of visitors each day.
BTG Homeinns targets 4500 hotels by the end of 2019
The expansion plan is being led by mid-scale hotels. In addition to this, BTG Homeinns is working closely with Hyatt Hotels to open their first UrCove hotel in 2020.
Shanghai retains top spot for meetings & events in Asia Pacific
China, once again, netted the most entries, including Beijing and Chengdu, and continues to drive M&E activity in the region.
TravelSky’s performance offers a view of China’s slowing air travel market
Overall, both domestic and foreign air travel growth benefited the company. During the first half of the year, the tech vendor boosted its revenue by 9.2% to $538 million (RMB 3.84 billion).
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US, China, Germany rank Top 3 countries by annual tourism revenue
Trip.com Group-backed hotel firm explores non-residential hotel values
Intelligent hotel solution provider Xiezhu Technology lands $37 million funding
Cooperation with CBEF to boost association buyer attendance at ITB China
FCM Travel invests in business travel startup Shep
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