Search results for “2015”
China will invest US$77.9 billion to build 58 airports
11/26/2015|12:38:20 AM|
A total of 178 new airports are under construction in the Asia Pacific region as of June 2015 and China accounts for a third of those projects.
China’s small and medium airports operating at 80% loss
12/03/2015|6:02:11 PM|
CAAC distributed a total of RMB1.211 billion in subsidies to 146 airports. In 2014, 135 small and medium airports received a total of RMB1.079 billion in handouts.
Hotel giant Plateno Group launches travel app Plateno Trip
12/09/2015|6:18:05 PM|
Plateno Group has announced in Guangzhou that it will launch new hotel brands – Pin Hotel, Pinle Hotel and RuiChen Hotel, and new online brand Plateno Trip.
Ctrip reports 49% growth y-o-y in net revenue for Q3
11/19/2015|1:47:24 PM|
Net income attributable to Ctrip's shareholders was RMB2.4 billion for Q3 of 2015, compared to RMB217 million in the same period in 2014.
Chinese government to permit more duty-free stores openings
12/07/2015|5:56:34 PM|
More duty free stores will be opened in China to offer Chinese shoppers’ greater access to imported goods and open up import channels to satisfy demand.
Time for hotels to dig deeper post consolidation among OTAs
12/22/2015|3:33:41 PM|
2015 witnessed heavy consolidation in the OTA space in China. So what needs to be done by hotels to balance out their distribution mix?
Meituan-Dianping raise US$2.8 billion in financing
12/23/2015|9:29:03 PM|
Meituan-Dianping has already raised US$2.8 billion in financing as of mid-December this year through the issuance of Class B shares.
China’s cruise capacity to grow 80% in 2016
12/22/2015|9:57:11 PM|
Ctrip projects that the capacity of China’s cruise ports will grow more than 80% next year in its “2016 China Cruise Industry Trend Forecast” report.
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