Five years ago, 90% of booking.com's customers came from China’s top 3 cities, Beijing, Shanghai, Guangzhou. Now they see more and more coming from lower-tier cities.
On TravelDaily Conference titled “Embracing the New Era”, James Liang, CEO of Ctrip informed the audience of his investment strategies and where the company was headed.
The average room rate of Home Inn in the first half of this year was RMB 160.72 per night; the average occupancy rate reached 83.2% and RePAR was RMB 133.76, according to the interim financial results released on August 30.
Jin Jiang Hotels reported average room rate of RMB 183.80 and average occupancy rate of 74.09% in H1 2016, according to the financial results released on August 29.
As part of 2016 TravelDaily Conference which will be held from Aug. 31 to Sept. 1 in Shanghai, China Travel Innovation challenge will be held in the afternoon of Sept. 1.
Tnooz’s third China hackathon, co-produced by Travel Daily, drew 15 developer teams to Alibaba’s Alitrip campus in Hangzhou on August 25.
Juneyao Airlines carried 6.2613 million passengers in the first half of 2016, an increase of 27.56% over the previous year. It’s passenger load factor reached 86.09%.
Sustaining growth rate has remained Tuniu’s major forte, but can cost control, association with HNA and the GMV of travel products uplift the overall margin going forward?
