Search results for “RMB”
Beijing’s new airport has completed 30.8 billion worth of works
09/11/2017|9:07:05 AM|
Beijing will adopt a “dual air hub” strategy when the new airport is completed. The two air hubs will be operated independently and complement each other while engage in healthy competition.
Outward bound and travel platform Hiyo completes a ¥14 million angel round
09/29/2017|1:43:13 PM|
Targeting young travelers, Hiyo develops its products around the concept of “minimal transportation, short distance”, and plans its content around socializing, relaxation and entertainment.
Utour reaps 3.875 billion yuan from outbound wholesale in H1 2017
08/23/2017|7:08:47 PM|
In the first half of 2017, Utour chalked up total operating revenues of RMB 5.05 billion, up by 13.40%, and incomes of outbound wholesaling business grew by 13.11% to RMB 3.875 billion.
Destination activities provider UBTour closes A-round financing
09/27/2017|8:42:45 AM|
UBTour connects tourism suppliers in Southeast Asia and enterprises in China with technology and services, with the goal of controling the supply chain through catering to the needs of suppliers.
Thomas Cook China aims for long-term growth with differentiating strategies
09/06/2017|2:00:57 PM|
Positioning itself for China's upper scale travel market, the joint venture between Thomas Cook and Fosun seeks long-term growth by developing differentiated packages and focusing on online presence.
Tuniu trims net loss to $39.9 million in Q2 2017
08/17/2017|9:47:28 AM|
Tuniu's revenues from packaged tours rose 57.7% to USD 50.1 million in the second quarter. Net loss was further narrowed to USD 39.9 million, compared to net loss of RMB 756.9 million in Q2 2016.
China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition
08/17/2017|8:00:45 PM|
China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.
China records 2.17 trillion yuan domestic tourism expenditure in H1 2017
08/23/2017|2:47:46 PM|
Official data showed that the number of Chinese outbound tourists rose by 5.1% to 62.03 million while inbound tourists in China grew by 2.4% to 69.5 million in H1 2017.
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