Search results for “group tours”
LY.com and Lotte Tour in JV to develop travel to Korea
12/12/2015|11:19:43 PM|
LY.com is setting up a joint venture company with Korea’s Lotte Tour in a strategic partnership to consolidate local Korean tourism resources and procurement.
Top 20 China Tourism conglomerates named in authoritative report
12/11/2015|11:21:52 PM|
China’s tourism industry has entered a new era of mass tourism in which internet and mobile platforms are dictating the models for innovation and doing business.
Ctrip invests in test-tube baby service provider IVF USA
11/23/2016|10:24:26 AM|
The strategic investment in test-tube baby technology provider enriches Ctrip’s medical travel contents and enables the OTA to get a stronger control on destination resources.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
Ctrip buys Skyscanner, reaps $4million net income in Q3
11/24/2016|1:46:43 PM|
Ctrip announces the deal to acquire UK-based travel search site Skyscanner. The company reaped USD 4 million net income in Q3 2016, after previous quarter's net loss with Qunar's consolidated results.
Ctrip merges with Qunar in vacation unit, denies Tuniu takeover
11/23/2016|10:41:01 AM|
Ctrip’s senior management announced in an internal letter that the company has merged with Qunar in their holiday units. Rumor of Ctrip buying Tuniu has been denied, meanwhile.
Caissa Tourist net income grows 35.98% in Q3 2016
11/03/2016|11:09:00 AM|
Caissa Tourist’s operating revenue rose 23.45% to RMB 2.428 billion in the third quarter of 2016. Net income climbed 35.98% to RMB 179 million.
HNA Group withdraws FRAM Group acquisition offer
10/22/2015|5:32:55 PM|
HNA Group withdrew the offer to acquire FRAM Group, made on October 12, and sources say that the Chinese conglomerate will not make another bid.
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