Search results for “decline”
Travel industry posts huge gains in top 100 Chinese brands valuation
09/18/2016|10:36:12 AM|
Study shows Air China ranks 19 in brand value, a YoY increase of 26%; Home Inn 74,a YoY increase of 3% and Ctrip 44, a YoY increase of 40%.
Ctrip signs exclusive deals with over 1,000 hotels
09/19/2016|6:47:29 PM|
Ctrip announced that it has sealed exclusive distribution agreements with more than a thousand domestic hotels, further strengthening its control on China’s hotel supply.
Hong Kong receives 10% fewer independent Chinese visitors in June
07/07/2015|6:05:45 PM|
The full impact of the visit pass policy change remains to be seen as independent visitors from China are still traveling on multiple-entry visit pass.
Hotel room glut drives down room rate and revenue in China
08/03/2016|10:01:40 AM|
Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
Chinese ride-sharing company UCAR reaps 260,000 bookings per day in Q1 2016
07/05/2016|10:15:02 AM|
Chinese ride-sharing company UCAR received more than 260,000 bookings per day on average in the first quarter of 2016, and cost per booking was declining.
China’s star-rated hotels post RMB 49.665 billion revenues in Q1 2016
06/16/2016|10:22:59 AM|
China’s star-rated hotels generated total revenues of RMB 49.665 billion in Q1 2016 and average occupancy rate was 48.94%, down by 0.17%.
China’s carriers report buoyant Q1 results
05/04/2016|9:17:21 PM|
Major Chinese carriers posted decent gains in first quarter of the year due to ongoing low crude prices and increasing domestic demand
Hong Kong plans HKD 380 million package to revive inbound tourism
02/26/2016|11:26:57 PM|
The Hong Kong government is planning a range of measures to boost its flagging inbound tourism. The initiatives, expected to cost HKD 380 million in the government's latest budget, include waiving licence fees for local travel agents and hotels and expanding the scale of major events to be held this year.
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