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Ctrip raises 2020 GMV goal to around USD 200 billion
03/18/2016
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11:12:36 AM
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Chinese OTA giant Ctrip further lifts its GMV goal for 2020 to USD 200 billion, following the latest announcement of its fourth quarter and full-year 2015 results.
UTour revenue skyrockets by 98.4% in 2015
02/29/2016
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11:25:34 PM
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The Chinese outbound travel and MICE services operator UTour reported 98.4% revenue growth for 2015, to RMB 8.366 billion, and operating profit also went up by 79.17% to RMB 259 million.
Gucci-buying Chinese boost Japanese premium-mall sales to record
02/14/2016
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10:54:40 AM
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Mitsubishi Estate plans to open a new high-end outlet in 2018 as overseas visitors to its malls surge more than 80 percent.
TripAdvisor Reports Fourth Quarter and Full Year 2015 Financial Results
02/12/2016
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8:34:23 AM
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TripAdvisor, Inc. reported financial results for the fourth quarter and full year ended December 31, 2015.
Korea banks on attracting Chinese tourists to bolster national consumption
12/21/2015
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9:38:11 PM
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Facing a domestic consumption tax hike the Korean government is banking on attracting Chinese consumption to boost national consumption.
Ctrip sets up financial services division to tap into the travel finance segment
01/20/2016
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4:09:57 PM
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Ctrip announced it is setting up Ctrip Financial Services division that will jointly launch the Ctrip Traveler Rewards with MasterCard.
Holiday consumption continues to rise
02/14/2016
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10:43:14 AM
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During the Spring Festival, the sales of the nation's retail and catering companies reached 754 billion yuan ($115.4 billion), an increase of 11.2 percent year-on-year.
Uber of private jets raises funds from Saudi Royal Family
02/23/2016
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1:15:34 PM
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JetSmarter online service gets $26.1 million to expand and Jay-Z among backers as jet sharing taps well-heeled clients.
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