Search results for “finance”
Priceline posts $20.7 billion gross travel bookings in Q1 2017
05/10/2017|7:44:38 AM|
Priceline Group reported gross travel bookings growth of 24% in the first quarter of 2017. Gross profit grew 16% to USD 2.3 billion and net income rose 22% to USD 456 million.
Meituan-Dianping reportedly mulls hotel unit spin-off for independent financing
08/25/2016|10:49:10 AM|
Meituan-Dianping would have to spin off its hotel business as the company was expected to run out the 3.3 billion dollars raised in its series E round within 1.5 years.
SEC report: HNA Group owns 26.5% stake in Tuniu
04/18/2017|6:39:51 PM|
A recent SEC filing shows that HNA holds a 26.5% stake in Tuniu and JD.com controls a 20.6% stake in the company, as of March 31, 2017.
Travel platform KKday secures $10.5m funding, backed by Japan travel giant
02/22/2018|3:55:32 PM|
The alliance and funding are expected to help KKday expand its regional presence and further improve its variety of affordable product offerings to travelers.
ChinaTravelNews Briefing: Brand plans, official statistics and capital moves
01/26/2018|11:24:18 AM|
Major brands like Priceline, Marriott, Muji and Ctrip made moves in different directions, and statistics helped paint pictures on China’s corporate travel, tourists’ behavior, and cash injections.
ChinaTravelNews Briefing: Booking’s reinvention, Mafengwo’s funding and more
12/25/2017|3:07:29 PM|
We join the dots of the events that took place in the past two weeks to offer insights into the Chinese tourists, travel startup funding rounds, major OTAs and internet giants’ technology solutions in China.
Sabre revenue rises 6.5% to $915 million in Q1 2017
05/02/2017|9:11:28 PM|
Sabre reiterated its full-year 2017 guidance in the first-quarter report of 2017. Revenue rose 6.5% to USD 915 million in the quarter.
Travelzoo's revenue drops 5% in Q1 2017
04/27/2017|12:21:42 AM|
Travelzoo reported revenue of USD 28.4 million and operating profit of USD 2.1 million in 2016. In constant currencies, revenue decreased by 5% year-over-year.
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