Search results for “Transat”
Deals Roundup: Travel finance has a long way to go
09/24/2016|9:26:13 AM|
A look at potential development of travel finance for consumers and suppliers, and a roundup of financing deals in travel industry:
Five-star hotels have the highest occupancy rate in Q3 2016
01/10/2017|2:36:56 PM|
In Q3 of 2016, there are altogether 10,488 hotels were audited provincial tourism administrations. Five-star hotels in 16 provinces had higher average occupancy rate than the national average of 62.24%.
WeChat innovates Mini Program, hints at travel services
01/09/2017|10:06:26 PM|
WeChat launched in-app service Mini Program (or XiaoChengXu in Chinese) on January 9. The “instant and disposable” service is deemed more suitable for travel companies as their business is more offline oriented and they are visited in app at lower frequencies.
Ctrip will attain trillion-yuan GMV two years sooner – CEO Jane Sun
01/09/2017|6:37:42 PM|
Ctrip CEO Ms. Jane Sun said that the company will achieve its goal of reaching one-trillion-yuan GMV by 2018, instead of 2020 as previously anticipated.
Travel agencies organize 23.1% more overseas visits in Q3 2016
01/09/2017|9:26:19 AM|
China’s travel agencies organized 17.02 million outbound trips in the third quarter of 2016, up by 23.1% YoY, according to CNTA data.
Sino-Australia travel peak leads to more direct routes in lower-tier market
09/28/2016|9:16:29 AM|
Chinese carriers are seeking to launch more non-stop services between Australia and lower-tier Chinese cities, as demand is booming while air rights in top-tier cities are tight.
Tempus Global to buy 52% holding of Jettour for RMB 52 million
01/06/2017|11:41:59 PM|
Tempus Global will acquire 52% holdings of outbound tour operator Jettour for RMB 32 million in cash and RMB 20 million in capital injection.
Island tour specialist Qulv raises USD 40 million in B round
01/06/2017|9:26:21 AM|
Island vacation platform Qulv announced on January 5 that it has received USD 40 million in its series B round funding.
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