Search results for “profitability”
Construction boom continues despite operating losses for 70% of China’s airports
10/29/2015|10:25:04 PM|
Zhejiang province has committed a total of RMB8 billion for airport development 11 cities in the province before 2020.
Devalued ruble boosts Chinese visitor numbers to Russia
12/17/2015|12:51:54 PM|
Depreciation of the Russian ruble leading to 20% drop in overall prices of Russia’s tourism products this yearand a significant increase in Chinese tourists to Russia.
Ctrip reports 49% growth y-o-y in net revenue for Q3
11/19/2015|1:47:24 PM|
Net income attributable to Ctrip's shareholders was RMB2.4 billion for Q3 of 2015, compared to RMB217 million in the same period in 2014.
Cycling app Voyager gets multi-million RMB A Series financing
11/19/2015|11:10:10 AM|
Cycling app Voyager has completed a multi-million RMB Series A financing with investments from Hushan Capital and Yinxingu Capital.
Four major groups form “China Hotels of the Future” hotel alliance
11/19/2015|10:10:51 AM|
The “China Hotels of the Future Alliance” has been jointly formed by Greenland Group, Hainan Airlines，ZTE Corp and Taihe-Atour Hotels.
Spring Airlines partners with Sun Frontier to setup hotel JV in Japan
10/29/2015|5:53:42 PM|
Spring Airlines will invest over 20 billion yen in a joint venture with Sun Frontier to develop a network of the “Spring Sunny Hotels” in popular Japanese destinations.
Yuyuan Tourist Mart acquires Hoshino Resorts Tomamu
11/11/2015|5:43:39 PM|
Shanghai-based Yuyuan Tourist Mart announced that it will wholly acquire Hokkaido ski resort Hoshino Resorts Tomamu for 18.358 billion yen.
Challenges ahead as CITS and HKCTS set to merge
11/09/2015|5:53:43 PM|
The merger of two leading Chinese tour operators, CITS and HKCTS, is greeted with cautious optimism by industry observers..
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