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CAR Inc. net profit soars by 220% thanks to hired and rental services

Buoyed by its strategic expansion in car-rental, ride-sharing and second-hand car trading, the B2C-focused CAR Inc. registered 220% growth in net profit last year.

03/11/2016|10:17:23 PM|ChinaTravelNews

Newmarket Enables Wanda to grow continually

Wanda Hotels will continue to improve operations and increase business revenue with integrated Newmarket solutions including Delphi Sales and Catering and MeetingBroker lead distribution solutions.

03/09/2016|2:36:58 PM|Amadeus

Shanghai taxi company to launch online service this month

Dazhong Taxi will become the first taxi company to offer an online platform for hired car service this month, offering well-managed drivers and car fleets and security monitoring.

03/09/2016|1:51:25 PM|ChinaTravelNews

Jin Jiang eyes mid-range hotel market

Leveraging capital operation, state-owned hotel giant Jin Jiang is poised to capture a lion share of the mid-range hotels market by taking equity in Huazhu.

03/09/2016|6:23:39 PM|ChinaTravelNews

HNA-Caissa’s net income leaps 129.72% in 2015

HNA-Caissa recorded annual revenue of RMB 4.935 billion in 2015, with travel service accounting for RMB 4.259 billion. Net income applicable to common shareholders was RMB 206 million, up by 129.72% YoY.

03/08/2016|6:30:42 AM|ChinaTravelNews

Chinese Premier vows to embrace a new era of mass tourism

Chinese Premier Li Keqiang said the government would cut import tariffs on some consumer goods and increase the number of duty-free stores to ensure people can afford their paid vacations, strengthen the development of tourist and transport facilities, scenic spots and tourist sites, and recreational vehicle parks.

03/07/2016|6:31:47 AM|ChinaTravelNews

Transport Minister: Car-hailing rules draft completed

China's transport minister announced that the provisional rules on car-hailing service had been drafted while reiterating this does not necessarily mean legitimization of the business.

03/10/2016|11:31:26 AM|ChinaTravelNews

Tuniu forays into unchartered areas in addition to its tour packages offering

How is the current crop of online travel companies in China trying to unlock additional profitability? How can the huge volume of traffic be better monetized by OTAs? Are all transactions 100% digital?

03/03/2016|6:18:58 PM|ChinaTravelNews
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