Search results for “luxury demand”
New trends in Chinese luxury shopping and overseas spending
05/26/2015|10:34:00 AM|
While visitors expenditure in Europe in April was up 40.4% y-o-y, it paled in comparison to the 93% increase in other regions.
China brands special part 2: Hotels - Digitalization and quality consistency
06/01/2015|12:02:26 PM|
Part of a three-part special series, ChinaTravelNews takes a look at the Travel industry brands that made the list. Part 2 takes a look at hotels, with three making the list.
China Southern determined to divert sales from ticketing agents to own website
06/05/2015|7:11:56 AM|
China Southern isn't letting up the pressure on ticketing agents with another notice stipulating sales by official website only under certain circumstances.
China’s OTAs net US$14 billion in transactions in Q1 2015
05/18/2015|10:47:22 PM|
China’s OTA market recorded RMB87.5 billion in transactions during the first quarter of 2015 an increase q-o-q of 11.7% and 29.2% y-o-y.
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
Top Chinese hotel IT operator AMTT raises US$32 million
04/16/2015|3:19:41 PM|
This financing round will bring high growth for AMTT, its products and service applications are used in a million hotel rooms in China.
Beijing five-star hotels suffer losses in 2014
04/02/2015|9:47:55 AM|
As hotels are rushing to fill vacancies with leisure travel customers the industry is finally on the path to healthy development.
Customized travel startup Sinbad gets multi-million financing
03/30/2015|6:30:16 PM|
Sinbad has received a multi-million RMB Series A financing from Shenzhen Capital Group.
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