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Utour records 40.32% jump in revenue in 2014
04/14/2015|9:21:42 AM|
Utour reported stable growth, with 46.92% y-o-y growth in revenue for its wholesale operations and 42.03% growth in retail operations for 2014.
Oil price slump increases earnings for Chinese carriers
04/17/2015|3:17:50 PM|
The huge dip in international crude prices helped lower operational costs and contribute to healthy bottom-lines for China’s carriers.
International hotel groups boost efforts to cater to Chinese corporate travelers
05/12/2015|10:49:23 AM|
“Many Chinese travelers see the hotel they stay in as a symbol of career status.“
HotelREZ partners with Peak Hospitality Solutions as part of expansion to Asia
04/22/2015|4:10:27 PM|
HotelREZ Hotels & Resorts, announced its most recent partnership with Singapore-based Peak Hospitality Solutions, as it plans to expand into Asia.
China GDS TravelSky achieves steady growth in 2014
04/08/2015|9:42:40 AM|
China’s national GDS TravelSky reported stable growth in all operations, with gross revenue growing 18.3% to reach RMB5.34 billion.
CNTA declares war on price slashing in China’s tourism industry
05/08/2015|10:52:10 AM|
China National Tourism Administration is taking action against “price slashing”, yet another malpractice in the cutthroat Chinese tourism industry.
Hainan records US$2.2 billion in sales during 4 year duty free policy
05/08/2015|10:59:15 AM|
Duty free stores in Sanya and Haikou have accumulated total sales of RMB13.474 billion in the past four years of a duty free policy.
China Southern makes stunning turnaround in profit
04/13/2015|9:22:50 AM|
China Southern Airlines has made more in the first quarter of this year than the whole of last year, reporting estimated net profits of RMB1.8-2 billion for Q1.
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