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Zhubaijia announces RMB 500 million private placement plan

China's home-rental Zhubaijia plans a private offering of less than 23,397,300 shares at around 21.37 yuan to 35.61 yuan per share, to raise RMB 500 million.

07/07/2016|10:54:06 AM|ChinaTravelNews

Chinese ride-sharing company UCAR reaps 260,000 bookings per day in Q1 2016

Chinese ride-sharing company UCAR received more than 260,000 bookings per day on average in the first quarter of 2016, and cost per booking was declining.

07/05/2016|10:15:02 AM|ChinaTravelNews

Chongqing bids for Disney Resort project in western China

Chongqing is actively wooing the Walt Disney Company, which has been considering building parks in central or western China even before work on the Shanghai park began.

06/29/2016|2:47:21 PM|ChinaTravelNews

Ctrip estimates Shanghai Disney will generate RMB 33 billion annual revenue

Visitors spent an average of RMB 2,219 at Shanghai Disney Resort, and the Resort would generate RMB 33 billion annual revenue, if annual admission reaches 15 million.

06/27/2016|6:56:14 PM|ChinaTravelNews

China’s star-rated hotels post RMB 49.665 billion revenues in Q1 2016

China’s star-rated hotels generated total revenues of RMB 49.665 billion in Q1 2016 and average occupancy rate was 48.94%, down by 0.17%.

06/16/2016|10:22:59 AM|ChinaTravelNews

China’s traveltech charts its own course, direct connect being a prime example

NDC is still a work in progress in China. But the likes of Alitrip, in conjunction with domestic carriers, have shown that blending mobile retail commerce and home-grown API is a prudent way.

06/23/2016|10:38:51 AM|ChinaTravelNews

Booking.com forges ahead with laser-sharp focus in China

China continues to witness lot of action in the distribution space, but Booking.com intends to chart its course for organic growth in an assiduous manner.

06/23/2016|10:38:30 AM|ChinaTravelNews

Data mining emerges as a key differentiator in B2B domain

Tourico’s burgeoning data mining initiative is helping Chinese intermediaries in improving upon their product offering by evaluating travel booking behavior. A detailed look at how business intelligence is paving way for competitive edge in the B2B domain.

06/15/2016|10:37:29 AM|ChinaTravelNews
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