Search results for “overseas direct operations”
Ctrip extends ground services in partnership with Big Bus Tours
11/24/2017|1:40:51 PM|
The competition in ground transportation and catering services at tourist destinations will be more intense as OTAs tap into a wider range of destination resources.
Meituan Travel unveils air ticketing strategy a year after acquiring Flightroutes24
11/23/2017|8:49:10 AM|
Meituan has seen more than three-fold increase in air ticketing transactions so far this year, and the number of paid air tickets transacted on the site increased by more than 340% year on year.
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.
Outbound FIT supplier platform LPT completes an angel round financing
08/25/2017|11:05:29 AM|
Lazy Pig Trip consolidates its platform for supplying fragmented destination products to support China’s OTAs, travel agencies and e-commerce merchants at the supply end, having completed a recent angel round financing.
BTG Hotels’ operating income rises 71.33% YoY to ¥3.988 billion
08/31/2017|9:45:57 AM|
BTG Hotels reported operating income of ¥3.988 billion in H1 2017, an increase of 71.33%; net profit attributable to the parent company grew ¥227 million to ¥241 million, an increase of 1626.29%.
Plateno’s experiences from its international expansion
04/07/2017|6:57:16 PM|
Chinese hotel chain Plateno may gradually demonstrate its own strengths in the future development as an international brand and differentiate itself from other brands under the umbrella of Jin Jiang International Hotels Group.
HNA Holding cuts loss by 89.8% amid buying spree
04/26/2017|10:05:37 AM|
HNA Holding reduced annual loss by 89.8% last year while actively exploring overseas investment opportunities.
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.
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