Search results for “hotel report”
China's star-rated hotels post 54.4 billion yuan revenue in Q4 2016
04/20/2017|1:48:11 PM|
Star-rated hotels in China registered an aggregate of RMB 54.43 billion operating revenues in the fourth quarter of 2016. Guestroom revenue was RMB 24.49 billion and average occupancy was 56.6% in the quarter.
Joint Wisdom widens operating revenue and trims net loss
04/28/2017|12:00:01 PM|
Hotel data specialist Joint Wisdom boosted its operating revenue by 48.81% to RMB 86.72 million in 2016. Net loss attributable to its shareholders was trimmed by 1.58% at RMB 66.12 million.
What has Ctrip acquired in three years?
04/15/2017|5:03:54 PM|
Ctrip said that it may continue to acquire complementary businesses and assets in the future if presented with appropriate opportunities. It has just revealed details about its acquisitions in recent years.
CYTS Tours’ net profit rises 63.83% in 2016
04/25/2017|1:32:41 PM|
Chinese tour operator group CYTS Tours recorded RMB 10.33 billion operating revenue in 2016, a 2.36% drop from a year before. Net profit grew 63.83% YoY to RMB 484 million in the year.
Ctrip reintroduces tailored travel platform with 4,000 tour specialists
04/28/2017|12:40:49 PM|
Ctrip has upgraded its tailored travel platform to “Version 2.0”. The platform has more than 1,200 partner suppliers recommending around 4,000 itinerary designers to cover 956 destinations in 107 countries worldwide.
Expedia gross bookings grow 14% in Q1 2017
04/28/2017|7:09:34 AM|
Expedia reported gross bookings of USD 2.9 billion in the first quarter of 2017. Revenue increased 15% YoY to USD 2.2 billion, of which Trivago took up USD 286 million, a 62% rise from a year ago.
BTG Hotels boosts operating revenue by 389.40% in 2016
04/11/2017|10:27:20 AM|
BTG Hotels saw net profit in 2016 surge 110.66% YoY to RMB 210 million. Most of the company’s hotels are in the budget range, and only 9.32% hotels in upper midscale category.
Ctrip and Didi may invest in Indian firms, five OTAs corner 96.4% of Q2 hotel bookings, and more
09/13/2018|10:15:56 AM|
Ctrip is likely to invest $100 million in food-delivery platform Zomato and Didi is reported to back the Chinese business of OYO. Ctrip, Meituan, Qunar, Tongcheng-eLong and Fliggy accounted for 96.4% of Q2 hotel bookings.
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