Search results for “high-end market”
Ctrip’s story isn’t just about growth, margins too coming into the picture
03/19/2016|11:20:10 AM|
Post consolidation in the OTA space, Ctrip is not only focused on its market share and GMV, but it also looking at hiking the overall margin to improve the financial performance.
HNA-Caissa’s net income leaps 129.72% in 2015
03/08/2016|6:30:42 AM|
HNA-Caissa recorded annual revenue of RMB 4.935 billion in 2015, with travel service accounting for RMB 4.259 billion. Net income applicable to common shareholders was RMB 206 million, up by 129.72% YoY.
Tuniu forays into unchartered areas in addition to its tour packages offering
03/03/2016|6:18:58 PM|
How is the current crop of online travel companies in China trying to unlock additional profitability? How can the huge volume of traffic be better monetized by OTAs? Are all transactions 100% digital?
Newmarket Enables Wanda to grow continually
03/09/2016|2:36:58 PM|
Wanda Hotels will continue to improve operations and increase business revenue with integrated Newmarket solutions including Delphi Sales and Catering and MeetingBroker lead distribution solutions.
Amadeus reports financial results for full year 2015
02/26/2016|12:45:51 AM|
In its latest report on financial results for full year 2015, Amadeus had its total air travel agency bookings rose 8.3%, to 505.0 million.
A bite of China’s mobile payments pie – now Apple Pay wants it too
02/23/2016|9:56:19 AM|
Can Apple Pay take on Alipay and Tenpay in China? It’s going to be a herculean task, but Apple is optimistic going by its current level of growth in this market.
Chinese Premier vows to embrace a new era of mass tourism
03/07/2016|6:31:47 AM|
Chinese Premier Li Keqiang said the government would cut import tariffs on some consumer goods and increase the number of duty-free stores to ensure people can afford their paid vacations, strengthen the development of tourist and transport facilities, scenic spots and tourist sites, and recreational vehicle parks.
CNTA: holiday travel in China still growing
02/15/2016|11:21:36 AM|
Travel continued to grow during this year’s Spring Festival holidays, as the market offered a diversified range of travel products such as tours of heritage towns, hot-spring wellness holidays, and fun on ice and snow. As well, outbound tourism has become a mainstay.
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