Search results for “2015”
Hotel room glut drives down room rate and revenue in China
08/03/2016|10:01:40 AM|
Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
Chinese ride-sharing company UCAR gets New Third Board listing
07/15/2016|10:34:36 AM|
Chinese ride-sharing company UCAR has been approved to list on the New Third Board, and it is worth RMB 36.9 billion after raising a total of RMB 5.809 billion in three funding rounds.
Fosun splashes out billions of yuan in luxury tourism property
07/19/2016|9:59:26 AM|
Fosun has splurged nearly RMB 11 billion on building Atlantis Sanya, a high-end resort featuring 807 apartments and 197 villas which will appeal to global investors.
Travelport unfazed by limited penetration in China, hopeful of bright future
08/12/2016|4:48:35 PM|
Travelport is confident of delivering sustainable growth in the coming years, but it is still waiting for the regulatory environment to open up in China.
Hotel alliance joint venture opens in Hangzhou, targeting independent hotels
08/12/2016|9:58:01 AM|
Zhejiang Future Hospitality Network Technology Limited, co-founded by Alitrip, BTG Hotels and Shiji Information in late March, was inaugurated on August 10 in Hangzhou, China.
CNTA: Chinese tourism is entering a golden age for development
05/27/2015|10:31:05 AM|
China’s tourism industry recieved RMB1.12 trillion in revenue in Q1 2015, an increase of 14.7% y-o-y.
China’s reform commission backs High-speed Railway Economy
08/08/2016|2:14:33 PM|
High-speed railway construction will drive economic growth and restructuring, fuel momentum for efficient investment and consumption expansion.
InnMall secures million-yuan in A round
08/08/2016|10:39:58 AM|
FlightManager’s CEO Jiang Wang said that his investment in InnMall has been completed. The round had SIG as lead investor and generated tens of millions of yuan.
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