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CYTS net income soars 92.17% in first half of 2016
08/15/2016|9:31:34 AM|
CYTS recorded a slight increase in main revenue to RMB 4.976 billion in the first half of 2016. Net income rose 92.17% YoY to RMB 318 million.
Hotel alliance joint venture opens in Hangzhou, targeting independent hotels
08/12/2016|9:58:01 AM|
Zhejiang Future Hospitality Network Technology Limited, co-founded by Alitrip, BTG Hotels and Shiji Information in late March, was inaugurated on August 10 in Hangzhou, China.
Cheer U Islands secures RMB 7.5 million in Pre-A round
08/10/2016|7:08:41 PM|
Cheer U Islands received RMB 7.5 million in series Pre-A round. Investors of the round will get a 15% stake in Cheer U Islands.
Crowd funding platform Duocaitou.com completes an eight-digit Pre-A round
08/10/2016|9:29:42 AM|
Duocaitou.com, a crowd funding platform for boutique hotels and home rental, has completed its Pre-A round financing that raised an eight-digit sum from three venture capital firms – Share Capital, Innovation Angel Funds and Shunwei Capital Partners.
US receives 2.6 million Chinese visitors in 2015
08/09/2016|10:12:41 AM|
Chinese travelers made 2.6 million trips to the United States in 2015, around 18% more than 2014, according to data released by the U.S. Department of Commerce.
Shanghai Disney Resort performs as expected
08/09/2016|10:04:18 AM|
In its first month of operation in June, Shanghai Disney Resort received 27,000 daily visitors and rang in RMB 15 million daily revenue.
Spring Airlines embarks on exciting journey of retailing
08/08/2016|3:18:58 PM|
Just like carriers in the U. S. and Europe, China’s Spring Airlines, too, is positioning itself for being a platform of choice for all travel needs.
China’s reform commission backs High-speed Railway Economy
08/08/2016|2:14:33 PM|
High-speed railway construction will drive economic growth and restructuring, fuel momentum for efficient investment and consumption expansion.
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