Search results for “outbound”
Tour operator groups post revenue upsurge buoyed by outbound growth
04/28/2017|1:54:02 PM|
Chinese tour operator giant Utour Group recorded operating revenue of RMB 10.1 billion in 2016, up 20.71% YoY, while peer HNA-Caissa’s operating revenue of the year grew 34.48% to RMB 6.64 billion.
Outbound travel site Woqu merges with Lulutrip and announces $25 million B+ round
03/21/2017|8:02:53 AM|
Outbound local tour platform Woqu announced that it has merged with Lulutrip, a travel service for overseas Chinese tourists. Meanwhile, it has raised USD 25 million in its series B+ round funding.
Tourist equipment rental platform Hainiaowo raises million dollars in Series A+ round
09/05/2018|5:21:05 PM|
The company allows users to rent digital equipment such as cameras, WiFi routers and diving equipment for a duration of 7 to 10 days.
CNTA: Organized outbound trips increase 4.49% in Q4 2016
03/17/2017|10:12:09 AM|
The number of organized outbound visits from China totaled 14.49 million in the fourth quarter of 2016, up by 4.49% YoY. The duration of overseas stays totaled 80.64 million days, an increase of 1.24% from a year ago.
Outbound agency Phoenix Travel invests in Australian tour operator
04/11/2017|1:33:25 PM|
Chinese outbound travel agency Phoenix Travel announced that it has made a strategic investment in Grandcity Travel, an Australia-registered firm with local bus fleets and Chinese-speaking tour guides.
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.
Why the travel industry needs to embrace NDC together
09/12/2018|9:33:51 PM|
At Amadeus, we think NDC has the potential to deliver new benefits for all players if implemented in a standard manner that truly takes the needs of all players into consideration.
Shanghai Free Trade Zone to establish wholly foreign-owned travel agencies
09/27/2017|8:42:43 AM|
China (Shanghai) Pilot Free Trade Zone was officially approved to let foreign-owned travel agencies carry out pilot outbound travel business.
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