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Ctrip’s story isn’t just about growth, margins too coming into the picture

Post consolidation in the OTA space, Ctrip is not only focused on its market share and GMV, but it also looking at hiking the overall margin to improve the financial performance.

03/19/2016|11:20:10 AM|ChinaTravelNews

CAR Inc. solidifies its position, entry barriers get stronger too

As debt financing, vehicle purchasing and setting up operations and a brand get tougher in auto mobility, CAR believes its current position is quite strong at this juncture.

03/18/2016|11:12:19 AM|ChinaTravelNews

Caissa joins HNA investment companies in RMB 1.2 billion LeSports funding

Caissa Touristic plans to inject RMB 600 million in Jiaxing Fund and become a limited partner of the fund set up by investment subsidiaries of HNA Group. The fund plans to invest RMB 1.2 billion on funding sport shows online service LeSports.

03/17/2016|11:13:15 AM|ChinaTravelNews

UCAR becomes controlling shareholder of CAR Inc. after shares transfers

Following share transfers from Hertz Holdings and the management of CAR Inc. to UCAR, the chauffeured service provider will become the largest shareholder of CAR Inc.

03/16/2016|10:09:54 PM|ChinaTravelNews

UTour may gain 10% shares plus a board seat in Ctrip's vacation business

UTour and Ctrip will undertake cross-shareholding of 10% stake in each other and the former might acquire a board seat in the latter's holiday unit after the UTour acquires Huayuan.

03/17/2016|9:33:15 AM|ChinaTravelNews

Qunar further stonewalled by major airlines in China

China Southern Airlines removed all its contents from both the website and the app of Qunar on March 14. The move came after Air China, Hainan Airlines and subordinated Fuzhou Airline and Capital Airlines barred their ticketing agents from selling tickets on Qunar.

03/15/2016|10:12:00 PM|ChinaTravelNews

Setting up an e-commerce brand in China – it’s about prioritizing investments

There is no magic bullet to succeed in China. An insight into how Thailand-based ONYX Hospitality Group is looking at apt mix of brand building and performance advertising.

03/14/2016|10:16:20 PM|ChinaTravelNews

Huazhu plans to open 750-800 new hotels in 2016

Chinese multi-brand hotel group Huazhu plans to open 750-800 new hotels in 2016, with 80% for economy hotels and 20% for midscale and upscale ones, and manachised and franchised hotels continue to be the vast majority in the run.

03/11/2016|10:17:03 PM|ChinaTravelNews
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