Search results for “tourism sector”
Jin Jiang eyes mid-range hotel market
03/09/2016|6:23:39 PM|
Leveraging capital operation, state-owned hotel giant Jin Jiang is poised to capture a lion share of the mid-range hotels market by taking equity in Huazhu.
UTour revenue skyrockets by 98.4% in 2015
02/29/2016|11:25:34 PM|
The Chinese outbound travel and MICE services operator UTour reported 98.4% revenue growth for 2015, to RMB 8.366 billion, and operating profit also went up by 79.17% to RMB 259 million.
Shanghai Disneyland on trial operation and tickets to be sold in March
02/18/2016|8:41:00 AM|
Shanghai Disneyland Resort which will open on June 16 this year is now on carrying out trial operation.
OneHome completes Pre-A round funding with tens of millions
03/01/2016|10:55:02 AM|
Chinese homestay startup OneHome has just completed a Pre-A round funding and raised several million RMB from Alibaba’s Riverhill Fund, Morningside Ventures and an unnamed web celebrity.
HNA Group generates RMB 13.7 billion from New Third Board listings
02/03/2016|11:37:59 AM|
HNA Group made it to Fortune Magazine’s Top 500 list for the first time in 2015, ranking 464th with total revenue of USD 25.6 billion in the previous year. The company announced on January 28 that its total revenue in 2015 was RMB 188.1 billion (about USD 28.59 billion) in 2015.
UTour might acquire Huayuan for in-depth cooperation with Ctrip
01/27/2016|5:58:51 PM|
UTour might take full control of Huayuan and carry out in-depth cooperation with Ctrip on vacation tours. This might be the largest merger ever in the vacation tourism sector of China.
HNA Hospitality Group seeks New Third Board listing for its asset-light strategy
01/26/2016|11:25:49 AM|
HNA Hospitality Group has submitted the application for a New Third Board listing, seeking its asset-light strategy.
China’s tour operators organize 11% more outbound trips in Q3 2015
12/29/2015|11:15:58 PM|
China has released the results of the national tour operators survey for Q3 2015 showing performance by region and industry segment.
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