Search results for “earnings”
Chinese visitors to Australia up 22% with AUD$19 million daily expenditure
09/06/2015|6:43:18 PM|
Australia’s recorded its highest annual tourism earnings this year since the 2000 Sydney Olympics and Chinese contributed AUD$19 million in daily tourism revenue.
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.
Korean online booking site for Chinese Zaiseoul raises US$3 million
09/21/2015|6:48:54 AM|
Zaiseoul, a Korean tourism service for Chinese visitors, announced it received US$3 million from Korea-based NICE Group in a Series A financing round.
Shiji takes 75% stake of Horwath HTL for US$10 million
09/18/2015|8:58:09 AM|
Shiji Information Technology (Hong Kong) is acquiring 75% stake of Horwath HTL Asia Pacific from Sextant Investments for US$10 million in cash.
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.
Utour makes strategic investment in Paris hotel to shore up European products
09/14/2015|2:50:01 PM|
Utour is making a strategic investment in an overseas hotel to build a comprehensive chain of business and enhance its ability to tap into resources in short supply.
Qunar’s benchmark for excellence – just being the best as any OTA can be
08/26/2015|8:51:44 AM|
Qunar believes it has an opportunity to step up the average volume figure per hotel on the direct network and wants it to be on par with peers in mature travel markets.
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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