Search results for “China's tourist”
Hong Kong tour operators to have free rein in Guangdong outbound tourism
03/25/2015|9:00:04 AM|
The Guangdong Tourism Association is tasked to promote the setting up of tour companies solely or jointly owned by Hong Kong investors.
Tuniu expands with aggressive acquisition plans post IPO
03/10/2015|10:08:45 PM|
Tuniu has announced on March 9 2015 the acquisition of Hangzhou-based Zhongshan Travel and Tianjin-based China Classical Holiday.
China’s hotels register 58.31% AOR in Q3
12/30/2014|5:24:39 PM|
China’s star-rated hotels had total revenues of RMB54.816 billion at average occupancy rate (AOR) of 58.31% in Q3 of 2014.
Shanghai inbound tourism shows signs of recovery with 4.5% annual growth
03/23/2015|9:39:01 AM|
“The 4.5% growth in inbound number last year was a major highlight for Shanghai,” a tourism industry observer said.
Utour’s enjoys revenue growth above 40%
02/27/2015|3:49:53 PM|
Utour achieved 40.32% y-o-y growth in revenue, recording RMB4.217 billion turnover and 24.32% y-o-y growth in shareholder profits totaling RMB109 million.
Jiuhua Tourism makes 27.68 million share public offering
03/27/2015|5:05:22 PM|
Jiuhua Tourism issued 27.68 million shares at RMB12.08 per share at a price-earnings ratio of 20.47 bringing its total issued shares to 110.68 million.
Property group Orient Victory plans 49% acquisition of tour operator CCT
04/10/2015|9:23:52 AM|
Major Chinese property developer Orient Victory Group plans to acquire 49% equity in China Comfort Travel for RMB441 million.
Chinese in their 30s a major force in outbound tourism spending
02/26/2015|10:21:46 AM|
Chinese travelers in their 30s are becoming the biggest spenders in outbound travel, powering China's global spending spree this Spring Festival.
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