Search results for “US-China”
Meituan-Dianping acquires payment license holder QianDaiBao
09/28/2016|10:27:05 AM|
Meituan-Dianping announced that the company has acquired third-party payment company QianDaiBao.
Hotel room glut drives down room rate and revenue in China
08/03/2016|10:01:40 AM|
Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
China’s tourism revenues grow 12.4% in first half of 2016
08/04/2016|8:50:57 AM|
Domestic travel in China grew 10.47% to 2.236 billion trips in the first half of 2016, and tourism revenues rose 12.4% to RMB 2.25 trillion.
UTour’s outbound wholesale revenue climb 59% in first half of 2016
08/22/2016|9:56:02 AM|
UTour’s operating revenue grew 41.99% to RMB 4.453 billion in first six months. Revenue from its outbound wholesale business was RMB 3.43 billion, up by 59.03% YoY.
United Airlines eyes long-term growth in China’s lower-tier cities
07/21/2016|9:35:48 AM|
United Airlines looks to long-term operation out of lower-tier cities based on prudent evaluation of a destination’s economic and consumption potential.
Chinese carriers gear up for diversified needs of global digital platforms
08/22/2016|9:11:56 PM|
Be it for an e-commerce platform or supporting different phases of a journey via their digital assets, Chinese airlines are looking to refining their sites and apps.
The Jetstar Group reports record underlying EBIT of USD 452 million for 2016
08/29/2016|4:32:37 PM|
Qantas Group’s low-fares airline, the Jetstar Group, recently reported record underlying EBIT of USD 452 million, up 97% for fiscal year 2016.
China’s tourism industry receives US$3.1 billion investments in 2014
01/26/2015|3:19:16 PM|
Online travel and outbound tourism were the favorite areas for acquisitions in China’s tourism industry in 2014.
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