Search results for “management”
Hotel room glut drives down room rate and revenue in China
08/03/2016|10:01:40 AM|
Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
Outbound car-rental platform Zuzuche.com closes its series B+ round
08/16/2016|2:20:15 PM|
Guangzhou-based outbound car-rental platform Zuzuche.com has closed its series B+ round with GF Securities-owned direct investment fund GF Xinde Investment Management as the lead investor.
ITB China announces co-president of Ctrip as keynote speaker
08/01/2016|9:38:17 AM|
Ms Jane Sun, Co-President and COO of Ctrip will be the keynote speaker at the official opening of the first ITB China, which will take place in May 2017 in Shanghai.
Caissa Touristic net income rises 76.79% in first half of 2016
08/17/2016|9:34:58 AM|
Caissa Touristic’s revenues from tourist services increased 52.47% YoY to RMB 2.22 billion in the first half of 2016. Net income was RMB 36.34 million, up by 76.79%.
China Lodging Group grows robustly in mid- and up-scale RevPAR
08/16/2016|9:22:10 PM|
Occupancy rate was 85.2% in Q2 2016, compared with 85.8% in Q2 2015. The slight decrease was due to lower occupancy in lower-tier cities.
Tujia’s single-day booking exceeds 56,000 room nights after Mayi acquisition
08/15/2016|7:41:45 PM|
Tujia’s single-day orders exceeded 56,000 room nights for the first time, China’s house-sharing market is expected to embrace a new round of explosive growth.
DragonPass lands on New Third Board, eyeing high-end lounge services
08/05/2016|12:05:11 PM|
Chinese high-end business lounge operator DragonPass anticipated that its services would have 20 million users and cover 1,000 airports around the globe in two or three years.
Accor explores upscale hotel market in China after FRHI acquisition
08/01/2016|9:56:17 AM|
AccorHotels has boosted its hotel portfolio in China to 195 following its acquisition of FRHI and its three upscale hotel brands, and plans to open four Sofitel hotels, four Pullman hotels, one Fairmont hotel and two Swissotels by the end of next year.
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