Search results for “travel report”
HNA-Caissa’s net income leaps 129.72% in 2015
03/08/2016|6:30:42 AM|
HNA-Caissa recorded annual revenue of RMB 4.935 billion in 2015, with travel service accounting for RMB 4.259 billion. Net income applicable to common shareholders was RMB 206 million, up by 129.72% YoY.
6 million Chinese tourists spend RMB 90 billion overseas for New Year Holiday
02/16/2016|8:43:43 AM|
A record 6 million Chinese travelers traveled overseas during the Spring Festival holidays, spending RMB 90 billion in their travel, as China remains the world’s largest source market for outbound travel spending for three years.
Chinese visitor arrivals to EU up by 22.9% in 2015
03/14/2016|10:15:54 PM|
Chinese citizens made 3.4276 million trips to European Union countries in 2015, increased by 22.9% year-on-year, while EU visitor arrivals to China was 2.9841 million in the same year, according to data from China National Tourism Administration.
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.
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.
CITS and HKCTS to merge into largest state-owned travel enterprise
02/26/2016|11:28:23 PM|
The CITS Group Corporation and the HKCTS Group Corporation are planning a possible consolidation. The plan, yet to be finalized, will have to be approved by the authorities.
Sabre reports fourth quarter and full year 2015 results
02/09/2016|11:23:46 AM|
Sabre's Q4 2015 Travel Network revenue increased 22.3% to $531.2 million and its Adjusted EBITDA increased 20.9% to $208.0 million. Total bookings increased 33.0% driven by the acquisition of Abacus and continued strong growth in North America and EMEA.
Chinese tourists embrace new ways of travel in 2016
02/03/2016|11:38:15 AM|
Novel outbound travel, family tour and cruise vacations is expected to grow significantly in 2016 as the Chinese population enjoy better quality of life and the tourism sector is offering better-quality service.
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