Search results for “profit”
Homeinns returns to China stock market while Huazhu Hotels puts off privatization
12/17/2015|6:53:10 PM|
CEO David Sun said that Homeinns is returning to the Chinese stock market because Chinese investors understand the hotel group better that US investors.
Independent travel OTA FX Trip receives multi-million dollar B Series financing
01/04/2016|10:59:44 PM|
FX Trip, a service provider of independent travel, has received a multi-million dollar investment in the B Series financing round, led by Zhongwei Capital.
The game of hotel contracting – are foreign OTAs playing it right?
01/30/2016|11:43:47 AM|
Domestic OTAs have massive lead over their counterparts from abroad in hotel business, be in terms of geographical coverage, number of properties, and volume of business.
Ctrip eyes new milestones: 1 trillion RMB in GMV by 2020
01/18/2016|4:28:16 PM|
After signing a spate of deals in 2015, Ctrip is eyeing a better grip of the Chinese travel e-commerce business, a complex, fragmented marketplace.
China’s small and medium airports operating at 80% loss
12/03/2015|6:02:11 PM|
CAAC distributed a total of RMB1.211 billion in subsidies to 146 airports. In 2014, 135 small and medium airports received a total of RMB1.079 billion in handouts.
OTA Lvmama’s parent company Joyu Group lists on the New Third Board
12/18/2015|9:48:05 PM|
OTA Lvmama’s parent company, Shanghai-based Joyu Group, is listing on the New Third Board.
Watch out for Qunar’s “mobile plus hotel direct” focus
11/26/2015|12:37:36 AM|
Qunar believes its growing mobile user base as well as the strengthening of its hotel content will pave way for further boost in the “commission rate” of its hotel business
China Southern increases holding in Xiamen Air by 4% for US$97 million
12/09/2015|6:12:22 PM|
China Southern Airlines has made a deal to take an additional 4% holding of Xiamen Air from the other Xiamen Air shareholder, Xiamen C&D Corp, for RMB627 million.
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