Search results for “economy hotel”
Why is it getting harder for boutique hotel brands to expand in Asia?
New brands need to offer what attracts young travelers in Asian market and pay attention to special segments such as resorts and ski.
Booking.com is promoting its home listings while expanding partnerships in China
As one of the largest travel e-commerce companies in the world, Booking.com is playing catch up in homes category by showcasing more homes and apartments than traditional accommodations.
Ctrip to use discounts to lure travelers as economy slows
Ctrip’s hefty cash pile gives it flexibility to target specific markets within China with advertising and attract customers with special deals and lower prices, said CFO Cindy Xiaofan Wang.
China Southern quits SkyTeam, China to become top tourist destination by 2030, and more
China issued the first service specification for the home-sharing sector, and Club Med owner Fosun Tourism and Culture approved for listing on the Hong Kong Stock Exchange.
GreenTree total revenues grow 21.6% to $37.4 million in Q3
In Q3, ADR was RMB167, an increase of 4.4% year-over-year; occupancy rate was 87.2%, a decrease of 0.2% year-over-year; RevPAR was RMB146, representing a 4.3% year-over-year increase.
Disney spends more on theme parks than on Pixar, Marvel and Lucasfilm combined
Michael Nathanson, a longtime media analyst, estimates that Disney will spend $24 billion on new attractions, hotels and ships over the next five years. That’s more than Disney paid for Pixar, Marvel and Lucasfilm combined.
Tujia targets 15 billion yuan in GMV by 2019
The short term rental category in China is “burning” a lot of money at this stage. But, as Tujia’s CFO Warren Wang points out, things are expected to change considerably for the company over a period of next two years.
Ctrip shows how to attain multiple benefits from superlative service quality
The Chinese online travel giant has taken a series of initiatives to support a traveler’s journey, and this is also helping in cutting down on cost of revenues.
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Booking.com chairwoman on China market, brand synergy and new growth engines
Trip.com Group works with Kayak to offer car rentals in Asia Pacific
Chinese tourists spend $127.5 billion on outbound travel in 2019
Tourplus raises $400k by Chinaccelerator and private investor
China’s social media platform WeChat taps into outbound tourism market
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