Search results for “decline”
China Southern’s 2014 annual revenue up 10.38% while profits continue slide
04/01/2015|12:08:02 PM|
China Southern is the only one one of the five major listed Chinese carriers with decreasing profitability. Its decline has lasted for two years.
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.
Embracing the digital transformation in China’s travel market
03/25/2015|10:19:49 AM|
To gain a better position in this eco-system, airlines have to embracing the digital transformation to refine their business model as well as the way they deal with customers and partners.
Chinese tourists made 1.1 million trips to Russia in 2014
03/19/2015|6:10:45 PM|
China has overtaken Germany as the top visitor source market to Russia with 1.1 million arrivals last year as recorded by the Border Service of Russia.
Home Inns: Protecting margin and managing growth in a soft environment
03/13/2015|4:05:58 PM|
Home Inns & Hotels Management CEO David Sun is optimistic about the long-term perspective of the travel and lodging market in China.
Maldives’ tourism left high and dry as Chinese arrivals plummet
03/03/2015|9:47:27 AM|
Although the number of Chinese visitors in 2014 grew 9.6% y-o-y, the growth rate began to falter and then fell 33.1% by January 2015.
Sabre is ready to spend $500M, and Abacus is a likely target
01/29/2015|8:14:35 AM|
Sabre said in a financial filing this week that it was considering an acquisition to the tune of half-a-billion dollars during the next two months.
Chinese visitors to Japan skyrockets 83% in 2014
02/16/2015|5:59:26 PM|
Chinese visitor numbers to Japan soared 83% y-o-y in 2014, totaling 2.4092 million trips and total expenditure reached 560 billion yen (approx:US$4.8 billion),
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