Search results for “revenues”
Tuniu cuts net loss to 41.7 million dollars in Q1 2017
05/26/2017|9:40:33 PM|
Tuniu trimmed its net loss to RMB 287.4 million (USD 41.7 million) in Q1 2017 from RMB 538.5 million in Q1 2016 by "improving operational efficiency and realizing economies of scale."
Meituan gains traction in luxury hotel bookings
06/13/2017|5:12:29 PM|
Meituan revealed that the platform listing mainly luxury hotels has a listing of 15,000 hotels, or 92% of luxury hotels in China.
Key takeaways from the concluded 2017 China Hotel Marketing Conference
06/13/2017|10:41:12 AM|
The 2017 China Hotel Marketing Conference co-hosted by TravelDaily China and ChinaTravelNews focused on “Reshaping The Experience” has successfully concluded in Shanghai. Here’re some key takeaways from the event:
CITS nets 20% more profit in 2016
05/05/2017|1:51:32 PM|
CITS Group posted operating revenue of RMB 22.39 billion in 2016, up by 5.16%. Net profit last year climbed 20.07%. Operating revenue grew 10.54% in the first quarter of 2017 while net profit for the period rose 5.83%.
Expedia gross bookings grow 14% in Q1 2017
04/28/2017|7:09:34 AM|
Expedia reported gross bookings of USD 2.9 billion in the first quarter of 2017. Revenue increased 15% YoY to USD 2.2 billion, of which Trivago took up USD 286 million, a 62% rise from a year ago.
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.
Tempus Global’s net profit increased 22.52% in 2016
04/28/2017|1:42:34 PM|
Travel and finance group Tempus Global’s operating revenue grew 37.93% to RMB 1.28 billion in 2016. Net profit rose 22.52% YoY to RMB 178 million in the time.
TravelersBox gears up for its foray into China
05/04/2017|10:31:49 AM|
TravelersBox operates kiosks at airports that allow travelers to convert their leftover foreign currency into digital money. The company hopes the Chinese travelers, too, will like the idea.
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