Search results for “earnings report”
Huazhu Hotels's gets a hand in in Homeinns with 5% acquisition for US$68 million
11/13/2015|10:45:19 AM|
Huazhu Hotels acquired a 5% stake in Homeinns for RMB435 million to inflate Homeinns's share price and thus push up the price of its proposed privatization.
Spring Airlines profit leaps 83% in Q1-Q3 of 2015
11/03/2015|10:17:20 PM|
Spring Airlines saw 13% increase in revenue in the first three quarters of this year, to RMB6.325 billion, and net profit attributable to shareholders skyrocketed 83% to RMB1.202 billion. Basic earnings per share were RMB3.09.
Airbnb stakes a claim on China
09/23/2015|10:11:52 AM|
ChinaTravelNews talks to Alan Chang, Airbnb’s managing director for Northeast Asia about the Chinese traveler and Airbnb’s goals in the country.
Jin Jiang Hotels earns 49.2% more y-o-y for shareholders in first half
09/01/2015|7:21:16 PM|
Shanghai Jin Jiang International Hotels Group chalked up 50.5% increase in operating profit, totaling RMB1.325 billion in the first half of the year.
Chinese outbound travel – OTAs figure prominently in hotel distribution mix
08/27/2015|6:07:31 PM|
For hotel companies targeting Chinese outbound travel segment, the reliance on OTAs is important at this juncture.
Spring Airlines reports 15.04% revenue growth in the first half of 2015
08/25/2015|8:44:00 AM|
Spring Airlines reported 128.1% y-o-y increase in net profits to RMB620 million in its fiscal report for the first half of the year. The earnings per share was RMB1.62.
Huazhu Hotels reports 85% occupancy and 207 new hotels in Q2 2015 report
08/18/2015|10:31:38 AM|
China Lodging Group added 207 hotels had 85.8% occupancy rate while net revenues increased 16.9% to RMB1.46 billion in Q2 2015.
Huazhu Hotel's new CEO validates group's progress
08/19/2015|11:13:48 PM|
CEO Jenny Zhang is confident about HUAZHU outperforming peers in all segments in the time to come, and expansion continuing as per the plan.
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