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Spring Airlines' new Shanghai-Yangon flights halve travel time

Spring Airlines' new Shanghai-Yangon flights halve travel time

The Shanghai-based airline will start by plying four round trips each week between the two cities in July.

05/27/2019|11:18:01 AM|Yicai Global
Lonely Planet to revamp its guidebooks, starting with China

Lonely Planet to revamp its guidebooks, starting with China

Lonely Planet’s biggest customer growth right now is in non-English speaking regions, especially China.

05/27/2019|10:53:41 AM|Skift
GreenTree's revenues grow 20.1% to $35.1 million in Q1 2019

GreenTree's revenues grow 20.1% to $35.1 million in Q1 2019

Occupancy rate was 78.1%, a decrease of 1.1% year-over-year. And RevPAR increased 2.5% to RMB127 in the first quarter of 2019.

05/24/2019|6:51:08 PM|GreenTree
OCT Parks, Fantawild, Chimelong listed on global theme park top 10 list

OCT Parks, Fantawild, Chimelong listed on global theme park top 10 list

The Top 20 theme parks in Asia Pacific included 11 parks from China, and reached 139.1 million total attendances in 2018, up by 3.6 percent year-on year.

05/24/2019|2:06:57 PM|ChinaTravelNews
Ctrip offers insights into customised high-end travel

Ctrip offers insights into customised high-end travel

Ctrip’s data show that the average expenditure per person on a high-end customised travel package is S$3,410, while for a standard package it is $790.

05/24/2019|1:54:42 PM|WIT
Outbound travel can contribute up to 50% of revenue in 5-10 years: Ctrip CEO

Outbound travel can contribute up to 50% of revenue in 5-10 years: Ctrip CEO

The online travel company is optimistic about driving both revenue growth and margin expansion by leveraging large market scale.

05/24/2019|11:45:47 AM|ChinaTravelNews
Tuniu net revenue decreases 4.9%, packaged-tour revenue drops 9.1% in Q1 2019

Tuniu net revenue decreases 4.9%, packaged-tour revenue drops 9.1% in Q1 2019

Net revenues were $68.1 million in the first quarter of 2019, a year-over-year decrease of 4.9%; revenues from packaged tours dropped 9.1% to $54.5 million and gross profit decreased 4.5% to $37.4 million.

05/23/2019|6:59:31 PM|Tuniu
Mafengwo raises $250m in D+ round funding led by Tencent

Mafengwo raises $250m in D+ round funding led by Tencent

Mafengwo will use the capital to build a new one-stop travel service platform driven by AI and data algorithms catering to young Chinese travelers.

05/23/2019|6:11:14 PM|ChinaTravelNews
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