Search results for “revenge spending”
China tourism nets $850 billion in 2017, contributing 11.04% to GDP
02/07/2018|3:38:42 PM|
In 2017, China earned $850 billion from tourism, up 15.1%. The tourism industry contributed ￥9.13 trillion to GDP, accounting for 11.04% of economic output, according to China Tourism Academy.
ChinaTravelNews Briefing: Chinese tourism, Ctrip and other players' moves
01/08/2018|9:33:21 AM|
For the past two weeks, ChinaTravelNews reported on how Chinese tourists affect the travel sector, a series of Ctrip’s moves, and news of major players Meituan, Tencent and Airbnb.
Europe-bound Chinese tourists eager to explore and experience
11/10/2017|10:21:58 AM|
Europe is now the third most popular region to visit for Chinese tourists, and off-the-beaten-track destinations are embracing sharp increase in the number of Chinese visitors.
China’s tourism contributes more than 10% to GDP and employment
11/21/2017|4:56:51 PM|
According to CNTA, the total revenue in tourism increased by 13.6% to RMB 4.69 trillion, and the tourism industry in China has contributed RMB 8.19 trillion or 11.01% to GDP in 2016.
"Direct sales" going up for Chinese carriers, but is it enough?
10/18/2017|9:02:02 PM|
Top carriers in China today have 40-45% sales coming in via "direct" channels. But this figure also includes selling inventory via OTAs. So this doesn't translate into owning the passenger for airlines.
Chinese outbound tourists increase 5% to 62.03 million in H1 2017
08/04/2017|11:28:49 PM|
China remains the world’s largest outbound tourism source market following a 5% increase year on year in the number of Chinese outbound tourists to 62.03 million in the first half of 2017.
Trivago trims loss and boosts revenue in Q2 2017
08/04/2017|9:30:25 PM|
Trivago recorded a 67% rise in total revenue €298.3 million in Q2 2017. Net loss decreased to €3.4 million in the quarter, and turned to net income of €4.3 million in the first six months of the year.
Fliggy enters tailored travel field with strategy on creating travel design ecosystem
06/05/2017|7:03:15 PM|
Alibaba’s travel brand Fliggy has announced a strategy on building a travel design ecosystem and introduced five new products lines.
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