Search results for “profitability”
Meituan Dianping restructures and removes hotel & travel businesses
10/31/2018|3:19:28 PM|
Meituan’s in-store business, hotels, domestic vacation services and Zhenguo Homes have been integrated into a new in-store business unit. The transportation business is transferred to the LBS platform.
Booking.com announces new products for professional short-term rental partners
10/31/2018|10:56:45 AM|
Booking.com is launching new tools for partners focused on the short-term rental segment, stemming from direct feedback from its partners on improvements that would be most useful and relevant for their business.
Hotel data operator Htrip lands tens of millions of yuan
07/11/2018|8:53:00 AM|
Htrip is a hospitality data operator that aims to help hotels maximize their profits by leveraging big data for hotel services, product lines, membership operation and other aspects.
CITS nets 20% more profit in 2016
05/05/2017|1:51:32 PM|
CITS Group posted operating revenue of RMB 22.39 billion in 2016, up by 5.16%. Net profit last year climbed 20.07%. Operating revenue grew 10.54% in the first quarter of 2017 while net profit for the period rose 5.83%.
Millennium Hotels and Resorts signs new strategic partnership with Hotelbeds Group
10/31/2018|11:30:08 AM|
The agreement will strengthen MHR’s distribution through Hotelbeds’ presence in more than 140 markets.
Didi reported to be making initial exploration of hotel operations
10/29/2018|1:08:55 PM|
Sources said Didi’s intention to enter the hotel sector is certain, but is still in preliminary exploration.
Tempus Global’s net profit increased 22.52% in 2016
04/28/2017|1:42:34 PM|
Travel and finance group Tempus Global’s operating revenue grew 37.93% to RMB 1.28 billion in 2016. Net profit rose 22.52% YoY to RMB 178 million in the time.
CYTS Tours’ net profit rises 63.83% in 2016
04/25/2017|1:32:41 PM|
Chinese tour operator group CYTS Tours recorded RMB 10.33 billion operating revenue in 2016, a 2.36% drop from a year before. Net profit grew 63.83% YoY to RMB 484 million in the year.
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