Search results for “profitability”
Oil price slump increases earnings for Chinese carriers
04/17/2015|3:17:50 PM|
The huge dip in international crude prices helped lower operational costs and contribute to healthy bottom-lines for China’s carriers.
Top Chinese hotel IT operator AMTT raises US$32 million
04/16/2015|3:19:41 PM|
This financing round will bring high growth for AMTT, its products and service applications are used in a million hotel rooms in China.
High-end is fine, but Ctrip has now its eyes on low-end market, too
03/21/2015|10:23:27 AM|
Ctrip is optimistic that the team is all set to penetrate the low-end market, combating similar focus of its competitors.
Utour records 40.32% jump in revenue in 2014
04/14/2015|9:21:42 AM|
Utour reported stable growth, with 46.92% y-o-y growth in revenue for its wholesale operations and 42.03% growth in retail operations for 2014.
Hainan Airline to raise US$3.8 billion in private offering
04/14/2015|9:21:28 AM|
Hainan Airlines plans to make a private offering of 6.593 billion shares at a minimum of RMB3.64 per share to raise up to RMB24 billion.
Spring Airlines rides on lucrative international operation to challenge Air Asia
03/25/2015|9:08:53 AM|
Spring Airlines is set to increase its total capacity for international flights from 20% in 2014 to 30% this year, and Air Asia as its international operation expands.
CNTA declares war on price slashing in China’s tourism industry
05/08/2015|10:52:10 AM|
China National Tourism Administration is taking action against “price slashing”, yet another malpractice in the cutthroat Chinese tourism industry.
Home Inns: Protecting margin and managing growth in a soft environment
03/13/2015|4:05:58 PM|
Home Inns & Hotels Management CEO David Sun is optimistic about the long-term perspective of the travel and lodging market in China.
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