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Ctrip’s $157 million ABS product approved for tourism financing
05/23/2018|9:01:18 AM|
Insiders believe that the issuance of the first tourism ABS product reflects Ctrip and other overseas listed companies’ optimism in embracing the Chinese capital market.
Ctrip works with Skyscanner to boost direct bookings
05/23/2018|8:44:30 AM|
Skyscanner's monthly active user increased 30%, reaching 80 million. Its direct booking program continues to gain momentum, delivering revenue growth over 600% year-over-year.
China’s air companies handle more than 550 million air passengers in 2017, up by 13%
05/22/2018|4:26:39 PM|
China’s airlines carried 551.56 million passengers in 2017, up by 13% YoY. The number of passengers on domestic routes rose by 13.7% to 496.11 million, and by 7.4% to 55.45 million on international routes.
5 pillars of ONYX Hospitality Group's localization strategy in China
05/22/2018|7:53:56 AM|
ONYX selects Shanghai for its Greater China regional office and appoints a head for the first time for this market to looking deeply at systems, digital assets, managing data and marketing.
Boutique resort hotel brand Shi Lily obtains $15.64 million in funding
05/21/2018|4:14:52 PM|
In 2018, Shi Lily plans to open its first resort hotel with more than 100 rooms in Dali, Yunnan Province, and to launch over 30 hotels across China.
ChinaTravelNews Briefing: Ctrip unveils Oasis Lab, China connects air-rail networks and more
05/18/2018|3:45:18 PM|
Ctrip replaced its incubation program with Oasis Lab for innovative initiatives, budget hotels in China revamped services and experiences for customers, CAAC & CRC announced to connect train-plane networks.
Ctrip teams with Hyatt to open its first flagship store
05/18/2018|9:33:23 AM|
The online flagship store allows over 300 million Ctrip members to access Hyatt hotels in the Greater China region and will extend to Hyatt hotels globally in the near future.
Travel e-commerce in China - the battle isn't just about growth anymore
05/17/2018|11:42:08 AM|
As the major online travel company Ctrip, along with platforms owned by Alibaba- and Tencent-backed companies, target growth it is worth assessing how they are going about differentiating their offerings.
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