Search results for “RMB”
HNA forms Shen Niao Airlines to tap southwestern market
11/29/2016|4:58:55 PM|
Hainan Airlines will form a new airline company called Shen Niao Airlines in a total investment of RMB 3 billion.
Huazhu, Accorhotels expand in China's midscale, upscale market
12/30/2016|10:44:22 AM|
Huazhu Hotels (China Lodging Group) unit Yagao Meihua signed agreements for nearly 40 new projects in more than ten months. The majority are located in China's first- and second-tier cities.
Jin Jiang forms WeHotel network, speculated to break OTA stranglehold
12/08/2016|11:52:56 AM|
State-owned Jin Jiang plans to build WeHotel loyalty to tap the vast collective customer bases of all subsidiary brands including Jin Jiang, Louvre Hotels, Plateno and Vienna Hotels.
Spring Airlines reports 15.04% revenue growth in the first half of 2015
08/25/2015|8:44:00 AM|
Spring Airlines reported 128.1% y-o-y increase in net profits to RMB620 million in its fiscal report for the first half of the year. The earnings per share was RMB1.62.
Atour Hotel receives USD 100 million in C round
12/23/2016|11:07:10 PM|
Atour Hotel announced on December 23 that it has raised USD 100 million in its series C round funding. The round has Legend Capital and Alibaba’s former CEO Zhaoxi Lu as investors.
CAR Inc. reports slight increase in three-quarter net profit
11/17/2016|6:56:39 PM|
CAR Inc. posted net profit of RMB 1,388 million in first three quarters and the company's chairman believes the new car-hailing rules are good for subsidiary UCAR.
China Lodging Group net income jumps 31.4% in Q3 2016
11/15/2016|12:46:27 PM|
China Lodging Group (Huazhu Hotels Group) reported net income growth of 31.4% to RMB 293.9 million (USD 44.1 million) in Q3 2016.
Ctrip buys Skyscanner, reaps $4million net income in Q3
11/24/2016|1:46:43 PM|
Ctrip announces the deal to acquire UK-based travel search site Skyscanner. The company reaped USD 4 million net income in Q3 2016, after previous quarter's net loss with Qunar's consolidated results.
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