Search results for “annual report”
HNA Group makes 40 million euro acquisition offer to FRAM Group
10/15/2015|3:30:14 PM|
HNA Group has made a firm offer to acquire the FRAM Group at a reported fixed price of 40 million euros.
Theme park and travel group OCT posts 35.48 billion yuan revenue in 2016
04/12/2017|2:58:38 PM|
Theme park and tourism group OCT reported annual operating revenue of RMB 35.48 billion in 2016, 10.07% more than previous year. Net income attributable to shareholders rose 48.44% YoY to RMB 6.89 billion.
Airbnb stakes a claim on China
09/23/2015|10:11:52 AM|
ChinaTravelNews talks to Alan Chang, Airbnb’s managing director for Northeast Asia about the Chinese traveler and Airbnb’s goals in the country.
Tourism reports point to rising diplomatic value of China's outbound travel
08/31/2015|6:05:17 PM|
By the end of 2014, 117 destination countries were receiving tour groups from China, underscoring the clout of the nation's “tourism diplomacy”.
Tuniu sets up commercial factoring firms to boost capital support for industry
09/17/2015|3:32:14 PM|
Tuniu became the first OTA stepping into the tourism factoring field as it announced on September 16 that it has been approved to establish two commercial factoring companies with an investment of RMB1.3 billion.
Priceline boosts equity in Ctrip to above 13%
09/17/2015|8:59:16 AM|
Priceline has pumped more than US$100 million to buy Ctrip shares in the open market recently, boosting its holding in Ctrip to 13.44% as of September 14.
Chinese outbound travel – OTAs figure prominently in hotel distribution mix
08/27/2015|6:07:31 PM|
For hotel companies targeting Chinese outbound travel segment, the reliance on OTAs is important at this juncture.
Huazhu Hotels reports 85% occupancy and 207 new hotels in Q2 2015 report
08/18/2015|10:31:38 AM|
China Lodging Group added 207 hotels had 85.8% occupancy rate while net revenues increased 16.9% to RMB1.46 billion in Q2 2015.
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