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Mainland China accounts for 37% of Shangri-La's properties revenue in H1 2019
09/23/2019|5:35:36 PM|
Total revenue from Mainland China hotel properties for the first half of 2019 decreased 8.4% to USD 380.4 million, accounting for around 37% of the company's hotel properties revenue during the time.
TRAVEL EASY secures $20 million for retail transformation in Europe
09/24/2019|4:25:28 PM|
TRAVEL EASY reported it earned 50 million euros in revenue and a gross profit of 100 million yuan in 2018.
China to vaccinate 70% of population by 2022; Polar Bear Hotel faces criticism | Daily Brief
03/17/2021|11:11:51 PM|
US warns it could restrict Cathay Pacific flights; Airlines fuel optimism that USA can replicate China’s rapid domestic recovery.
Social e-commerce platform Pinduoduo hints at travel booking
09/21/2019|12:21:45 AM|
The company may not take travel as one of its strategic growth businesses. But it might still be adding more travel-related offerings on its platform to explore all potential for monetization of user traffic.
Ctrip to focus on recruiting and attracting talent outside China
09/11/2019|9:12:29 AM|
With international business featuring prominently in Ctrip’s expansion plans, the team acknowledges the significance of recruiting proficient local talent in each market.
Ctrip closes Naspers stock swap, appoints 3 more directors to MakeMyTrip's board
09/03/2019|8:17:28 PM|
Ctrip's CEO Jane Sun, CFO Cindy Wang and CTO Xing Xiong were appointed to the board of directors of MakeMyTrip, and Ctrip chairman James Liang continued to serve on the board.
Ctrip announces $2 billion facility agreement
07/05/2019|8:49:45 PM|
The agreement was specified for up to USD 2 billion equivalent transferrable term loan facility with a greenshoe option of up to USD 500 million.
Franchise Hotel Qingzhu secures three financing rounds in H1 2019
07/30/2019|3:04:23 PM|
Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.
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