Search results for “travel agency”
CNTA mandates using bank escrow accounts to hold outbound tourist deposit
02/23/2016|8:31:00 AM|
The Chinese tourism authority CNTA has issued a series of regulations on the country’s outbound tourist deposit collection requiring all deposit to be held in escrow accounts by banks.
Ctrip bullish over consolidated operating results with Qunar
06/20/2016|10:15:11 AM|
Ctrip started to consolidate Qunar’s financial statements from the accounting perspective. The companies are hopeful of posting non-GAAP operating profit soon.
LY.com taps into TMC segment by funding DT Travel
05/04/2016|8:47:36 PM|
LY.com announced that it has invested in DT Travel’s series A round. The move will help it expand in the TMC segment, which is estimated to be turning over more than RMB 100 billion and is expected to grow by 15%-20% annually for the next five years
Maritim Hotels prepares to open its 2 new hotels in Hangzhou and Hefei
05/20/2016|4:55:48 PM|
In addition to 3 established hotels in China , Maritim, the largest owner managed German Hotel brand is preparing to open its 2 new hotels in Hangzhou and Hefei.
Travel industry veterans discuss the competition landscape after industry consolidation
05/19/2016|3:06:53 PM|
This year’s China Hotel and Marketing Conference hosted by ChinaTravelNews announced its grand opening yesterday in Shanghai.
Understanding TripAdvisor’s product creation flow
05/16/2016|9:23:55 AM|
The global hotel distribution landscape is in the middle of yet another intriguing phase. The likes of TripAdvisor and Google are to refine their offerings on an ongoing basis. Known for their dexterity, such entities have the power to build a stronger brand affiliation via their product and technology expertise, holding on to the massive traffic with valuable propositions.
China Eastern expects RMB 2 billion revenue growth buoyed by Shanghai Disney
05/26/2016|7:25:20 PM|
China Eastern Airlines expects to receive two million more travelers brought on by the opening of the Shanghai Disney Resort. This would translate to RMB 2 billion additional revenue, according to the carrier’s sales director Bo Dong
Transaction system Shoukeyi receives Pre-A round financing
04/15/2016|9:25:11 AM|
B2B travel transaction service Shoukeyi.com received Pre-A round funding of tens of millions of yuan in early 2016 and the company plans to dip into financing for travel industry players
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