Search results for “travel operator”
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.
HNA forms ecological technology group as sixth pillar
03/31/2016|2:15:04 PM|
HNA Ecological Technology Group has been officially set up in Haikou and becomes the 6th pillar of HNA Group after the conglomerate’s established presence in aviation, investment, tourism, finance and logistics. The eco-tech group has started “searching for acquisition targets around the globe”.
Tuniu forays into unchartered areas in addition to its tour packages offering
03/03/2016|6:18:58 PM|
How is the current crop of online travel companies in China trying to unlock additional profitability? How can the huge volume of traffic be better monetized by OTAs? Are all transactions 100% digital?
Ctrip’s partner UTour plans full acquisition of HuaYuan
03/03/2016|6:18:43 PM|
Ctrip’s partner Beijing Utour International Travel Service Co Ltd (UTour) plans to buy out Huayuan International Travel (HuaYuan) for RMB 2.6 billion. The funds for the purchase will be raised by issuing 65.61 million shares at RMB 35.82 per share plus RMB 250 million in cash.
Tripfez helps trade sell tours to enormous muslim market
03/14/2016|2:17:13 PM|
New B2C booking site dedicated to Muslim travellers provides global distribution channel for agents offering halal tourism experiences.
Haoqiao.cn repositioned as B2B portal for international hotels booking
02/26/2016|10:10:57 AM|
As it embarks on a new round of fund-raising for RMB 60 million, Haoqiao.cn plans to make itself the one-stop shop for connecting agents with international hotels, and deliver added values to travel agents who are looking for new ways of doing business.
Amadeus reports financial results for full year 2015
02/26/2016|12:45:51 AM|
In its latest report on financial results for full year 2015, Amadeus had its total air travel agency bookings rose 8.3%, to 505.0 million.
Mixing startup and corporate cultures in travel
03/04/2016|9:17:41 AM|
If travel startups' idea isn’t urgent (a problem needing to be solved quickly) and something consumers will pay for, maybe it’s time to move on and do something else.
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