Search results for “Trip.Com Group”
BTG Hotels boosts operating revenue by 389.40% in 2016
04/11/2017|10:27:20 AM|
BTG Hotels saw net profit in 2016 surge 110.66% YoY to RMB 210 million. Most of the company’s hotels are in the budget range, and only 9.32% hotels in upper midscale category.
Ctrip’s story isn’t just about growth, margins too coming into the picture
03/19/2016|11:20:10 AM|
Post consolidation in the OTA space, Ctrip is not only focused on its market share and GMV, but it also looking at hiking the overall margin to improve the financial performance.
Building the bridge between East and West - ITB China 2017 kicks off with exclusive preview
03/02/2017|3:26:27 PM|
“Building the bridge between East and West”, an exclusive ITB China preview event with more than 60 journalists from China and 15 other countries kicked off today at the Jin Jiang Tower in Shanghai.
Ctrip’s partner UTour plans full acquisition of HuaYuan
03/03/2016|6:18:43 PM|
Ctrip’s partner Beijing Utour International Travel Service Co Ltd (UTour) plans to buy out Huayuan International Travel (HuaYuan) for RMB 2.6 billion. The funds for the purchase will be raised by issuing 65.61 million shares at RMB 35.82 per share plus RMB 250 million in cash.
Priceline boosts equity in Ctrip to above 13%
09/17/2015|8:59:16 AM|
Priceline has pumped more than US$100 million to buy Ctrip shares in the open market recently, boosting its holding in Ctrip to 13.44% as of September 14.
Qunar exits from NASDAQ, becomes subsidiary of a private firm
03/01/2017|9:40:59 AM|
Qunar announced to delist its ADSs on NASDAQ and become a wholly owned subsidiary of Ocean Management.
Study tour provider MaiTao closes B round backed by Fosun
02/22/2017|5:36:32 PM|
MaiTao, an online service focusing on children learning and traveling experience, has raised RMB 70 million in its B round funding which had Fosun as the lead investor.
Europe gears up to capitalize on prowess of China as a source market
02/22/2017|10:35:49 AM|
The European Union is preparing activities for the forthcoming EU-China Tourism Year. The decision to christen Europe as the first partner destination for the ITB China event is such initiative.
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