Search results for “middle class”
Homestay brand Locals brings in 100m yuan, eyeing new retail & urban travel
03/12/2018|1:54:45 PM|
Locals currently has more than 10,000 boutique listings in 55 cities, and plans to enlarge the pool to 50,000 properties to receive 20 million guests, and achieve 2 billion yuan in GMV in 2018.
China’s outbound tourism slowing in growth but diversifying
10/18/2017|11:52:03 AM|
The growth of outbound tourism traffic from China and their spending were slowing in 2016, while tourism traffic to “Belt and Road” countries increased significantly to around 50 million during the year.
China's travel club Yuelvhui completes an angel round
09/21/2017|10:37:14 AM|
The business mode of Yuelvhui is to “expand lifestyle and travel IP on top of meeting basic travel demands”.
Thomas Cook China aims for long-term growth with differentiating strategies
09/06/2017|2:00:57 PM|
Positioning itself for China's upper scale travel market, the joint venture between Thomas Cook and Fosun seeks long-term growth by developing differentiated packages and focusing on online presence.
Marriott CEO: China is the best opportunity for growth
07/05/2017|2:58:05 PM|
Arne Sorenson, President & CEO of Marriott International, defined China as their largest market. Mr. Sorenson said that Marriott will need more brands to expand in the market.
Tujia’s vacation rental platform VaShare closes Pre-A round financing
07/24/2017|6:53:33 PM|
Vacation-sharing platform VaShare received millions of dollars in its Pre-A round financing. The company has completed two rounds of financing in less than six months, receiving around ten million dollars.
Shanghai Disneyland targets high-consuming middle-class families
02/24/2016|8:29:14 AM|
Shanghai Disneyland Resort is eyeing the high-consuming middle-class families whose consumption will also benefit real estate development, aviation, railways and highways in the vicinity.
Why librarians matter to Chinese travelers
06/12/2017|11:09:32 AM|
Some 78% of Chinese travelers welcome and value support from travel service providers who need to play the role of librarians in ensuring these avid readers are constantly excited and intrigued.
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