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Search results for “lower-tier city”
Ctrip's net revenue increased 16% to $4.5 billion in 2018
03/05/2019
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10:19:29 AM
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Revenue of accommodation reservation, transportation ticketing, packaged-tour and corporate travel revenue increased by 21%, 6%, 27%, 30% separately in 2018.
Meituan homestay CEO: China’s B&B sector has potential to grow 6-8 times
01/28/2019
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10:44:46 AM
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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.
Can OYO capture the unbranded hotel market in the U.S. and Europe?
02/11/2019
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3:56:50 PM
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Physical and technological upgrades and higher revenue could make OYO a welcome opportunity for unbranded accommodations in the U.S., which number around 18,000 – 1/3 of all hotels in the country.
The threat in Ctrip’s internationalization and the opportunity for travel startups
02/05/2019
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8:17:19 AM
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With competitive services, quality control and lower cost, the established players usually gain the greatest traction in user traffic and capital support, and will ultimately dominate the fragmented markets.
Qunar’s GMV increases 30% to reach USD 37 billion
01/16/2019
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12:15:20 PM
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The GMV of Qunar.com has increased about 30% from a year ago and train ticket business continues to increase by 40%.
Bedsonline is looking for double-digit growth in China
01/29/2019
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9:00:59 AM
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Stuart Dale, Bedsonline's regional sales director for Asia, said the company will continue to deploy resources in China, as it has seen fast growth in this market.
Island trips from China on course for sustained growth in the coming years
12/07/2018
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4:39:07 PM
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Being spot on with what such tours have to offer is important as tourists perceive certain destinations to be both value-for-money as well as having a superlative experience at the same time.
Ctrip Group celebrates 15th anniversary NASDAQ listing
12/11/2018
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9:05:41 AM
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China’s travel market is huge and the online travel market still holds great potential, with total transaction volume predicted to exceed RMB 1000 billion by 2020, reaching 15.2% market penetration.
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