Search results for “decline”
Airfares stay low as China’s first-time air passenger volume grows
02/16/2015|5:13:13 PM|
While first-time flyers comprised 40% of domestic traveler and 60%on international flights in 2014.
Chinese duty-free shoppers still world’s top spenders
02/15/2015|11:40:35 AM|
Chinese shoppers were the biggest spenders in global duty-free shopping expenditure for the seventh year in a row.
BTG-Homeinns goes for franchise as combined net income drops
09/13/2016|9:19:10 PM|
BTG Hotels, the new parent company of Homeinns, reported 66.73% decline in net income for the first half of 2016.
China’s international perception needs makeover to lift inbound tourism
01/15/2015|8:49:16 AM|
Negative international perception of China is leading to a decline in inbound tourism to China according to a China tourism international public opinion survey.
China’s hotels register 58.31% AOR in Q3
12/30/2014|5:24:39 PM|
China’s star-rated hotels had total revenues of RMB54.816 billion at average occupancy rate (AOR) of 58.31% in Q3 of 2014.
Ctrip gives Tuniu US15 million boost
12/12/2014|11:07:02 AM|
A recent visit by Tuniu COO Haifeng Yan to JD.com has raised speculation that JD.com might be an investor. A move that will further complicate the relationship among China's OTAs.
China Lodging nabs three Merrylin Hotels
12/11/2014|11:32:07 AM|
China Lodging acquired long-term leasing of the properties and is committing RMB100 million to renovate the three Merrylin hotels for rebranding under its mid-range JI Hotel brand.
More mainland cities lined up for independent travel to Taiwan
12/10/2014|11:34:47 AM|
The newly approved cities, will likely include provincial capitals Haikou, Lanzhou, Yingchuan and Hohhot and will boost the number of approved cities to 46 cities.
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