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Asia Pacific business travelers most worried about safety and security

A Carlson Wagonlit Travel research found that more than half (56%) of Asia Pacific travelers are concerned about safety and security, while their counterparts from other regions are less worried.

11/03/2017|11:14:36 AM|CarlsonWagonlitTravel

Xiaozhu co-founder anticipates profit in 2018 and moots listing plan

Xiaozhu has been operational online with clear transaction scale and business model, and the possibility of going public is becoming clearer, though no timetable has yet been set.

11/02/2017|4:52:25 PM|ChinaTravelNews

Ctrip ticketing revenue grows 41% to $515m aided by Skyscanner

Ctrip's net revenue rose 42% to RMB 7.9 billion in the third quarter of 2017. Air tickets sold by the company's international unit continued to grow at a triple-digit percentage rate.

11/02/2017|10:39:30 AM|ChinaTravelNews

Ctrip to further global expansion by acquiring US travel site Trip.com

Ctrip has acquired US travel booking platform Trip.com (formerly Gogobot). It’s worth noting whether the search functions of Trip.com will be merged with Skyscanner’s.

11/02/2017|6:10:07 PM|ChinaTravelNews

ITB Asia: Connecting global tourism brands and Chinese millennials

About 150 executives from Ctrip, Meituan Travel, Shiji, Maritim Hotels, Hotelbeds, Saber, Yearth Group and other enterprises have shared insights into Chinese outbound tourism and marketing technologies.

11/01/2017|2:44:01 PM|ChinaTravelNews

BTG reports 550 million yuan net profit in first 3 quarters of 2017

BTG Hotels registered 40.15% increase in operating revenue to RMB 6.312 billion in the first nine months of the year. The net profit attributable to the parent company was RMB 550 million, up 250.9%.

11/01/2017|1:18:49 PM|ChinaTravelNews

Alibaba founder invests in Airbnb’s China rival Xiaozhu

Chinese house-sharing platform Xiaozhu.com raised $120 million in its latest financing round backed by Alibaba founder Jack Ma's Yunfeng Capital, making it a billion-dollar unicorn startup.

11/02/2017|7:33:32 AM|ChinaTravelNews

Vpon decodes the digital footprint of mainland tourists

Countries in Asia-Pacific remain the top destinations of mainland Chinese tourists, while a number of provinces of the new 1st-tier cities become popular, along with Beijing and some coastal regions.

10/31/2017|4:31:11 PM|Vpon
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