Search results for “half year”
Franchise Hotel Qingzhu secures three financing rounds in H1 2019
07/30/2019|3:04:23 PM|
Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.
China’s outbound tourism slows down in H1
07/23/2019|10:16:32 AM|
Over the first five months of 2019, the number of Chinese mainland tourists visiting Hong Kong, Macao and Taiwan has increased 17.5%, 22.72% and 26.49% respectively compared with the previous year.
Online travel firm Tongcheng-Elong launches OYU Hotel franchise network
07/22/2019|9:46:03 AM|
OYU hotels offer average rooms rates ranging from US$19 to $34 per night. The group aims to have a total of 2,500 hotels by the end of this year.
Didi Chuxing suspends hotel and travel business with staff transfers and lay off
05/28/2019|5:51:38 PM|
Earlier this year, Didi was reported to have sustained steep losses of 10.9 billion yuan in 2018, and has been in the red for six 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.
OCT Parks, Fantawild, Chimelong listed on global theme park top 10 list
05/24/2019|2:06:57 PM|
The Top 20 theme parks in Asia Pacific included 11 parks from China, and reached 139.1 million total attendances in 2018, up by 3.6 percent year-on year.
Car rental service provider ZuzuChe.com picks up multi-million funding
05/14/2019|10:18:38 AM|
This round of financing will be used to expand overseas market, improve customer experience and increase the R&D investment for setting up branches equipped with multi-lingual support in different countries.
Nine Chinese travel brands rank in the 2019 BrandZ China Top 100
05/07/2019|4:23:55 PM|
Five airline brands, two hotel brands, and two travel agency brands appeared in the 2019 BrandZ China Top 100 ranking.
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