Search results for “business expansion”
Mainland Chinese tourists sought-after having spent $33 billion in US
08/16/2017|11:09:49 AM|
China continued to reign as a top visitor source market for the US in 2016, as the number of visitors from mainland China grew by 15% to 3 million and their total spending increased by 9% to $33 billion.
Ctrip net revenues climb 46% in Q1 2017
05/11/2017|8:06:51 AM|
Ctrip's transportation ticketing revenues in first quarter of 2017 rose 48% to USD 418 million after consolidating Skyscanner results for first time. The same revenues in Q1 2016 grew 106% YoY.
Plateno Group’s Wowqu raises RMB 50 million in Pre-A round
08/11/2017|5:56:06 PM|
Plateno's apartment rental brand Wowqu announced that it had received RMB 50 million in its Pre-A round financing backed by 58.com, a Chinese classified advertisement website.
Priceline Group CEO: online travel in China may still witness “significant volatility”
06/19/2017|1:58:57 PM|
Priceline CEO Glenn D. Fogel believes that price is still incredibly important in China's OTA market. The key of setting up a brand in China is to understand ecosystems – Baidu, Alibaba and Tencent.
SEC report: HNA Group owns 26.5% stake in Tuniu
04/18/2017|6:39:51 PM|
A recent SEC filing shows that HNA holds a 26.5% stake in Tuniu and JD.com controls a 20.6% stake in the company, as of March 31, 2017.
Travelport’s Trip Assist gives APAC agencies a mobile edge
07/18/2017|10:50:15 AM|
Travelport’s Trip Assist gives TMCs and travel agencies a comprehensive branded mobile app including itinerary management, day of travel services, real-time mobile messaging and customization options.
Plateno’s experiences from its international expansion
04/07/2017|6:57:16 PM|
Chinese hotel chain Plateno may gradually demonstrate its own strengths in the future development as an international brand and differentiate itself from other brands under the umbrella of Jin Jiang International Hotels Group.
Ctrip projects 20 billion yuan in group tour revenue this year
06/30/2017|10:51:10 AM|
Ctrip projected that its group tour business will gross RMB 20 billion this year. Its chairman James Liang said that the company’s sales income from hotels, air tickets, and travel groups will quickly become the highest in the world.
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