Search results for “profit”
Upscale hotel group New Century reports 17% revenue decrease in 2020
03/15/2021|9:45:34 PM|
The RevPAR of mid-scale full service hotels was RMB181.5 in the second half of 2020, representing an increase of 88.5% from RMB96.3 of the first half of 2020.
Chinese outbound tourism to recover in 5 years; HNA starts restructuring | Daily Brief
03/18/2021|11:15:50 PM|
More flights serve Beijing amid easier quarantine; China studying international travel policies for inoculated groups.
State-owned hospitality group Jin Jiang reports 32.3% drop in revenue, eyes to be a world-renowned name
04/03/2021|12:19:33 AM|
In 2020, Jin Jiang had around 13% of its revenue from overseas markets, down from the 20% overseas share in 2019.
State-owned travel conglomerate CTII posts 56% drop in revenue
03/31/2021|5:28:35 PM|
The company will continue to focus on building a “first-class tourist destination investment and operation service provider”.
Tongcheng-Elong continues to garner users from non-1st-tier cities
03/29/2021|12:09:41 PM|
Highlights of Q4 2020 for the online travel company included its continued expansion of registered users from non-1st tier cities in China, user acquisition and an acquisition in the corporate travel sector.
Meituan room nights drop 9.7%; China airfares rebound in rehearsal for global recovery | Daily Brief
03/26/2021|9:50:58 PM|
Hong Kong tells foreign governments to stop accepting special British passport; Travel to Xinjiang gains pace after foreign brands refuse region's cotton.
Hotel giant seeks innovative structure; Beijing tourism revenue plunges 53% | Daily Brief
03/25/2021|11:53:51 PM|
Huazhu reports $471 million net income in Q4; Airwallex secures $100 million.
Smart tour guide operator Lvji reports a net loss of $15.4 million
03/25/2021|7:35:40 PM|
As at December 31, 2020, Lvji had developed 26,052 online tour guides covering tourist attractions in China and overseas.
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