Search results for “profitability”
Accor CEO: Chinese tourists look beyond APAC, changing global hospitality
12/21/2017|3:10:33 PM|
"Accor probably is making more profit as an investor in China Lodging than we could have made by remaining independent for the next 50 years", said Sebastien Bazin, Chairman and CEO of AccorHotels.
Smart tour guide operator Lvji brings in 120 million yuan in B round
03/21/2018|9:01:07 AM|
Smart tour guide operator Lvji has received 120 million yuan in financing, which will be used to integrate resources.
Ctrip starts to deliver combined impact of group companies
03/19/2018|7:39:04 PM|
The online travel group has singled out the performance of its international businesses, along with the contribution from registered users and the growth in lower-tier cities in China.
Reputation report finds hotel facilities still the favorite review subject
04/13/2018|9:00:58 AM|
Hotel reviews left by families with children increased at the fastest rate in 2017, and hotel facilities were still most the most reviewed area by hotel guests.
Mobile Internet provider SKYROAM closes its $20 million financing round
03/12/2018|1:43:53 PM|
With its self-developed and patented virtual SIM (vSIM) technology, the outbound WiFi business of SKYROAM has tens of millions of global users and is currenlty profitable.
Shiji’s deal with Baoku lends a new dimension to platform strategy
04/10/2018|8:01:16 AM|
In addition to knowing about consumers’ activities, Shiji is set to learn details about their business travel via Baoku’s cloud-based travel management platform.
China Express Airlines becomes first China regional carrier to go public
03/06/2018|10:08:38 AM|
By 2020, China’s regional airlines are expected to receive more than 100 million passengers, growing at twice the rate of major airlines.
Ctrip cuts into car-sharing market for a slice of the growing pie
02/23/2018|2:47:30 PM|
Ctrip’s car unit CEO believes that the current fragmented needs for car rental usage, unlike daily and monthly rental demands in the past, cannot be ignored.
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Over 40% of China–Japan flights in December canceled, with more than 1,900 services cut

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Trip.com Group reports 16% rise in Q3 revenue, inbound travel bookings surge over 100%

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