Search results for “profitability”
Utour acquires 54% stake in Oceania tourism startup Xtx6
07/28/2015|2:34:19 PM|
Utour is taking a 54% stake in Oceania travel wholesaler Xtx6 to tap the potential of the Oceania region and bring long-term benefits to overall profitability.
Huazhu Hotels reports 85% occupancy and 207 new hotels in Q2 2015 report
08/18/2015|10:31:38 AM|
China Lodging Group added 207 hotels had 85.8% occupancy rate while net revenues increased 16.9% to RMB1.46 billion in Q2 2015.
Chinese carriers to spend over US$4 billion on planes to meet long-haul flight demand
07/21/2015|2:49:31 PM|
The Chinese aviation sector's turnaround is attributed to lower fuel costs and explosive growth in international air routes.
Online travel company Golden Century nets US$11.6 million from Tongda Chemical
07/15/2015|9:56:55 AM|
Golden Century will receive RMB72 million investment from Tongda Chemical which will hold a 13.04% stake in the former.
Winning over the elusive tag of running a successful B2C brand in China
08/12/2015|6:22:26 PM|
Travel e-commerce category is a highly competitive one in China. If there is any organization that can get closer to running a successful business in China, it looks like a brand from Priceline group.
Wanda calls out Disney to vie for global dominance in tourism attractions
07/24/2015|2:42:31 PM|
Wanda chairman Jianlin Wang has bared his ambition to dethrone Walt Disney Co. by achieving 200 million visits and becoming the “world’s largest tourism company”.
Breaking News: Jin Jiang to acquire 80% of Vienna Hotels for US$289 million
08/07/2015|4:28:47 PM|
Chinese hotel group Jin Jiang Hotels Group has invested RMB1.8 billion on August 6 for an 80% stake in the mid-range the Vienna Hotel Group and its restaurants.
Paths may clash, but Ctrip and eLong are working towards laser-sharp positioning
08/05/2015|9:16:23 PM|
Ctrip and eLong are making bold moves, especially in thier approach to respective product strategies and thier decision to monetize the mobile channel.
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