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Oil price slump increases earnings for Chinese carriers
04/17/2015|3:17:50 PM|
The huge dip in international crude prices helped lower operational costs and contribute to healthy bottom-lines for China’s carriers.
Home Inns to focus on mid-range brand and business travel platform
04/09/2015|9:25:09 AM|
Home Inns will expand its Homeinn Plus hotels by 80 to 100 properties this year, as well as launch its Qiake-in guest platform.
Top Chinese hotel IT operator AMTT raises US$32 million
04/16/2015|3:19:41 PM|
This financing round will bring high growth for AMTT, its products and service applications are used in a million hotel rooms in China.
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.
Chinese visitors contributed 25% to Japan’s record tourism income
04/15/2015|9:20:10 AM|
Chinese visitors contributed a quarter of Japan’s record tourism receipts of JPY2 trillion in 2014, according to Japanese government statistics.
CAR Inc claims it will lead the chauffeur service segment within 6 months
04/01/2015|3:45:19 PM|
CEO Zhengyao Lu said: “We will invest at least RMB2.5 billion to attract new customers at the beginning and we have unlimited cash reserves to continue.”
BTG Hotels annual profit drops 4.66% in 2014
04/02/2015|10:25:25 AM|
BTG Hotels’ annual revenue and net profit fell last year, at 5.87% and 4.66% respectively to RMB2.791 billion and RMB112 million.
Korea to ease visa rules to woo Chinese middle class
04/09/2015|9:25:16 AM|
The Korean government plans to expand its Chinese visitor visa service and expand the scope of its e-Visas from January next year.
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