Search results for “restructure”
Blockchain-based travel platform Trip.io secures hundreds of million funding
02/28/2018|8:53:06 AM|
Tripio plans to restructure hotel booking protocol using blockchain technology, so as to solve problems of high commission, intensive operation, false reviews and inaccurate updates on room status.
Full Wi-Fi covering in all China high-speed trains imminent
12/18/2017|2:41:52 PM|
China’s high-speed railways will have full WiFi coverage and facial recognition for checking in, having already implemented online booking, WeChat payment, self-service check-in and food reservation.
Ctrip adds uncertainty to the car-hailing market with car service debut
12/25/2017|12:51:24 PM|
Ctrip has added ride-hailing to its transportation offers with Didi, opening up another competition front in the car rental market as its rivalry against Meituan in hotel and catering services is heating up.
Ctrip-backed CME to buy 35% stake in Mind Letu for RMB 16.7 million
12/20/2017|9:25:44 AM|
Mind Letu will be transformed after the acquisition to create synergy in the demand-supply chain of research and study trips and customer acquisition channels so as to enhance its competitiveness.
Yueban Travel to acquire Vancouver and Liaoning travel agencies
12/06/2017|12:03:42 PM|
Dalian Yueban Travel has announced that it will acquire full ownership of Vancouver-based Star East Travel and Liaoning-based Beiguo International Travel for a total of RMB 13.18 million.
CAAC to implement flight reduction at major Chinese airports
09/27/2017|8:42:52 AM|
CAAC will require airports to adjust flight schedules. Beijing Capital Airport and Shanghai Pudong Airport aim to cut departures to 75% of their capacity.
BTG Hotels’ operating income rises 71.33% YoY to ¥3.988 billion
08/31/2017|9:45:57 AM|
BTG Hotels reported operating income of ¥3.988 billion in H1 2017, an increase of 71.33%; net profit attributable to the parent company grew ¥227 million to ¥241 million, an increase of 1626.29%.
China grapples with $216.7 billion tourism deficit in 2016
09/13/2017|10:49:06 AM|
As Chinese tourists tend to flock to destinations along the ‘Belt and Road' regions, maintaining tourism trade balance against the tourism markets along the ‘Belt and Road' is still a challenge.
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