Search results for “overseas destinations”
China Southern quits SkyTeam, China to become top tourist destination by 2030, and more
11/26/2018|12:09:50 PM|
China issued the first service specification for the home-sharing sector, and Club Med owner Fosun Tourism and Culture approved for listing on the Hong Kong Stock Exchange.
Ctrip unfazed by macro uncertainty, rather primed for further growth
11/12/2018|3:54:18 PM|
Asserting that Ctrip historically has outpaced China's GDP growth by a factor of four, the senior management believes the future remains bright, bolstered by robust position in the domestic market and ability to capitalize on opportunities presented by globalization.
Ctrip embarks on hotel operation, Xiaozhu gets $300 million funding, and more
10/18/2018|8:22:02 AM|
High-speed railway passenger volume increased by more than 50% year-on-year during China’s National Day holiday, Airbnb rival Xiaozhu has pocketed $300 million for beefing up security and services.
Tongcheng’s mass innovation unit injects multi-million yuan in incubated SIMTrip
10/09/2018|3:45:39 PM|
SIMTrip is involved in the research and development of cross-border communications data technology. As of August, it has achieved over RMB 70 million in turnover, an increase of 130% year-on-year.
7m Chinese to peak National Day break, Meituan in-store, hotel & travel up 44.1% in revenue, and more
09/30/2018|1:16:38 PM|
Around seven million Chinese are expected to travel abroad during the Golden Week. Meituan was listed in Hong Kong and reported a 10.6% rise in in-store, hotel and travel businesses GTV and 44.1% in revenue.
Ctrip and Didi may invest in Indian firms, five OTAs corner 96.4% of Q2 hotel bookings, and more
09/13/2018|10:15:56 AM|
Ctrip is likely to invest $100 million in food-delivery platform Zomato and Didi is reported to back the Chinese business of OYO. Ctrip, Meituan, Qunar, Tongcheng-eLong and Fliggy accounted for 96.4% of Q2 hotel bookings.
Chauffeured service provider Heycars teams up with 2018 TravelDaily Conference
09/02/2018|9:41:15 AM|
Heycars aims to link up air, accommodation and in-destination services with its own chauffeur offerings to build up a better end-to-end travel experience.
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
09/03/2018|10:51:01 AM|
Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
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