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Beijing Shanghai high speed rail becomes profitable IPO imminent
12/09/2014|11:52:27 AM|
The Beijing-Shanghai high-speed rail is well on target to achieve the projected annual throughput this year of 106 million trips, at a 20% average rate of increase and will begin to turn in a profit.
Huatian Hotels gets cash windfall from private investors
01/05/2015|6:30:45 PM|
Huatian Hotels intended to issue only 150 million shares to raise RMB600 million, but Huaxin Turbine offered RMB1.653 billion in cash for 29.44% equity.
China Lodging Group sharpens portfolio strategy, targets network expansion
01/04/2015|2:56:49 PM|
ChinaTravelNews assesses how China Lodging Group is planning to strengthen its network as well as direct sales capability, which currently accounts for 90% of its bookings.
Qunar’s customer poaching riddled with “phantom sales”
12/31/2014|2:57:31 PM|
Qunar staff tasked to “poach” hotel customers are airing their frustrations about unscrupulous tactics of the company.
China cruise market to continue rapid growth in 2015
12/26/2014|2:59:31 PM|
2015 ­– the number of liners using Chinese home ports will increase from 8 to 12 ships and more than one million Chinese passengers will take cruises.
Tujia focused on nurturing and growing vacation rental business in China
12/19/2014|10:25:10 AM|
Melissa Yang, co-founder and CTO, Tujia says the China market is in “early stages” when compared with Europe and the U. S.
Ctrip gives Tuniu US15 million boost
12/12/2014|11:07:02 AM|
A recent visit by Tuniu COO Haifeng Yan to JD.com has raised speculation that JD.com might be an investor. A move that will further complicate the relationship among China's OTAs.
Top U.S. airlines for extra fees in 2012: Delta Air Lines leads the way
05/16/2013|4:47:20 PM|
According to preliminary data from the U.S. Department of Transportation’s Bureau of Transportation Statistics, for the third consecutive year Delta Air Lines beat out all other U.S. airlines in checked baggage and reservation change fees.
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