Search results for “first-tier city”
Two decades on, Ctrip hopes to emerge even stronger: CEO Jane Sun
08/29/2019|4:54:52 PM|
The domestic online travel category is ripe for expansion, asserts the online travel group. As for the international business, Ctrip expects it to contribute 50% of the total revenue generation in the next 3-5 years.
Outbound travel can contribute up to 50% of revenue in 5-10 years: Ctrip CEO
05/24/2019|11:45:47 AM|
The online travel company is optimistic about driving both revenue growth and margin expansion by leveraging large market scale.
Meituan homestay CEO: China’s B&B sector has potential to grow 6-8 times
01/28/2019|10:44:46 AM|
Meituan’s data shows that the annual average room nights for China's homestay industry had been doubling in 2016-2018, and the rate of increase is expected to be over 100% from 2019 to 2021.
A fascinating tussle brews for outbound hotel distribution pie in China
07/13/2018|8:03:20 AM|
The battle to target a bigger pie of the outbound business featuring travelers from lower-tier cities in China is getting intense.
TravelDaily China CCO on Millennials, WeChat and inflight shopping
04/16/2018|10:45:10 AM|
China is not a homogenous market, and people from the big cities travel differently from people in the smaller cities, just like in most major outbound markets.
Malaysia proffers lesser-known destinations to Chinese visitors
11/20/2017|5:26:21 PM|
Encouraged by improved air links Tourism Malaysia is stepping up efforts to tap tourist traffic from second- and third-tier Chinese cities while maintaining marketing efforts in the first-tier ones.
Club Med unveils new resort line in China
08/01/2017|9:19:10 PM|
French leisure group Club Med is launching a new line of resorts in China, targeting the increasingly sophisticated and affluent Chinese family consumers.
Online apartment service provider mamahome completes A-round funding
09/14/2016|9:26:39 AM|
Shanghai-based online apartment service provider mamahome announced on September 6 it has completed its A-round funding, with City Developments Limited making a strategic investment in the company.
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