Search results for “growth”
UTour net profit drops 13.79% in first 9 months 2017
10/27/2017|6:41:17 PM|
In the first three quarters of 2017, UTour generated RMB 9.224 billion in operating income, and net profit attributable to shareholders was RMB 182 million, down 13.79% year on year.
"Direct sales" going up for Chinese carriers, but is it enough?
10/18/2017|9:02:02 PM|
Top carriers in China today have 40-45% sales coming in via "direct" channels. But this figure also includes selling inventory via OTAs. So this doesn't translate into owning the passenger for airlines.
Ctrip’s story isn’t just about growth, margins too coming into the picture
03/19/2016|11:20:10 AM|
Post consolidation in the OTA space, Ctrip is not only focused on its market share and GMV, but it also looking at hiking the overall margin to improve the financial performance.
China’s airlines handle 363 million passengers in January-August, up 12.6%
09/19/2017|7:07:04 PM|
In January-August, the passenger volume of domestic air routes rose 13.5% to 326 million and the number of passengers carried by international air routes by 5.0% to 36.922 million, according to CAAC.
Finnair boosts ancillary sales with omni-channel and predictive analytics
09/27/2017|7:04:48 PM|
After partnering Alipay on in-flight payment, working with TravelSky on GDS-based ancillary sales, Finnair plans to bring its chatbot to WeChat and leverage predictive analytics for ancillaries growth.
Shiji raises stake in Galasys, expands in destination management
09/08/2017|4:09:13 PM|
Chinese hotel system provider Shiji has agreed to buy a controlling stake in destination solution provider Galasys, expanding from hotels, F&B, and retail to theme parks and attractions.
Ctrip's transport ticket revenue climbs 49% in Q2, aided by Skyscanner
08/31/2017|5:20:39 PM|
Net revenue rose 45% to RMB 6.4 billion in the quarter. Accommodation revenue was RMB 2.3 billion (USD 341 million), up by 30%. Transportation revenue climbed 49% to RMB 3.0 billion (USD 441 million).
China’s domestic tourism growing faster than outbound traffic in H1 2017
08/20/2017|11:05:16 AM|
Outbound travel from China showed slower growth in the first half of 2017, while an increasing number of travelers are turning to domestic travel and pursuing quality and immersive experience.
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