Search results for “tourism finance”
Chinese premier calls for higher financing for development in tourism
05/25/2016|7:25:55 PM|
Premier Li Keqiang underlined the role of tourism in lifting people out of poverty and the importance of stepping up international cooperation in tourism
Alipay promotes smart tourism with global partners
09/30/2017|9:21:39 AM|
Alipay, the world’s largest online payment platform, recently announced an upgraded smart outbound tourist service platform at a meeting of ecosystem partners from over 20 countries in Beijing.
Jinjiang dumps its majority stake in Joyu for RMB 970 million
10/20/2017|4:28:53 PM|
Jinjiang International has transferred its 16.1892% stake in Joyu Group for RMB 969.8 million, after which it will no longer be a shareholder of Joyu.
Overseas independent travel provider RRUU raises RMB 35 million
08/18/2017|3:19:00 PM|
RRUU has recently received RMB 35 million in its A+ round financing and is to complete the B-round financing later this year.
CNTA cracks down on outbound travel deposit malpractices
09/07/2017|3:09:40 PM|
China National Tourism Administration has mandated authorities to regulate potential risks in tour packages and malpractices on outbound travel deposits to safeguard tourists' rights and interests.
BTG reports 550 million yuan net profit in first 3 quarters of 2017
11/01/2017|1:18:49 PM|
BTG Hotels registered 40.15% increase in operating revenue to RMB 6.312 billion in the first nine months of the year. The net profit attributable to the parent company was RMB 550 million, up 250.9%.
UTour net profit drops 13.79% in first 9 months 2017
10/27/2017|6:41:17 PM|
In the first three quarters of 2017, UTour generated RMB 9.224 billion in operating income, and net profit attributable to shareholders was RMB 182 million, down 13.79% year on year.
China’s star-rated hotels net RMB 471 million profit in 2016
10/23/2017|10:46:33 AM|
The star-rated hotels in China netted operating incomes of RMB 202. 726 billion and total profits of RMB 471 million last year. Room and catering accounted for 44.79% and 41.30% of the total revenues.
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