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China brands special part 1: Airlines - Premiumization and trust
05/26/2015|12:02:44 PM|
Part of a three-part special series, ChinaTravelNews takes a look at the Travel industry brands that made the list. Part 1 takes a look at airlines, seeing as four of China’s largest carriers have made the list.
CAAC: China’s carriers operate 7.5 million flights in 2014
05/27/2015|11:09:03 AM|
China’s aviation industry registered an on-time rate of 68.37% last year and the top five busiest airports were in the Beijing, Shanghai and Guangzhou areas.
HotelREZ partners with Peak Hospitality Solutions as part of expansion to Asia
04/22/2015|4:10:27 PM|
HotelREZ Hotels & Resorts, announced its most recent partnership with Singapore-based Peak Hospitality Solutions, as it plans to expand into Asia.
China Eastern and Hainan Airline’s Q1 profits skyrocket 862.93% and 427.42%
04/30/2015|10:02:13 AM|
China Eastern Airlines’ operational revenue was RMB22.393 billion and Hainan Airlines reported RMB9.122 billion revenue.
Overseas chauffeur service Huiwan raises US$3 million in Pre-A Series financing
04/27/2015|9:39:10 AM|
Overseas tourism Chinese-language chauffeur platform Huiwan received a RMB20 million in the Pre-A financing round from New Margin Ventures.
HK and Macau tour operators enter the Guangdong free trade zone
04/22/2015|3:14:30 PM|
Guangdong Free Trade Zone has been launched with five tour operators each from Hong Kong and Macau to operate group tours for mainland travelers.
China’s carriers increase international routes to meet growing demand
04/08/2015|9:42:28 AM|
After breaking the 100 million-trip benchmark last year the market and registered an additional 10% y-o-y growth in Q1 this year.
Utour’s enjoys revenue growth above 40%
02/27/2015|3:49:53 PM|
Utour achieved 40.32% y-o-y growth in revenue, recording RMB4.217 billion turnover and 24.32% y-o-y growth in shareholder profits totaling RMB109 million.
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