Search results for “report”
HNA-Caissa’s net income leaps 129.72% in 2015
03/08/2016|6:30:42 AM|
HNA-Caissa recorded annual revenue of RMB 4.935 billion in 2015, with travel service accounting for RMB 4.259 billion. Net income applicable to common shareholders was RMB 206 million, up by 129.72% YoY.
CITS and HKCTS to merge into largest state-owned travel enterprise
02/26/2016|11:28:23 PM|
The CITS Group Corporation and the HKCTS Group Corporation are planning a possible consolidation. The plan, yet to be finalized, will have to be approved by the authorities.
New Beijing airport tenders awarded and set for 2019 completion
02/24/2016|8:29:46 AM|
Construction of the Beijing new airport is set to begin soon and is expected to be completed by July 2019. The airport’s core structure consists of five above-ground levels and two underground levels and it will only take 8 minutes at most to walk to the farthest boarding gate.
Shanghai Disneyland targets high-consuming middle-class families
02/24/2016|8:29:14 AM|
Shanghai Disneyland Resort is eyeing the high-consuming middle-class families whose consumption will also benefit real estate development, aviation, railways and highways in the vicinity.
HotelGG completes a RMB 5 million investment in BagEvent
02/23/2016|8:33:41 AM|
HotelGG has recently completed a RMB 5 million investment in BagEvent, an SaaS service company that specializes in managing event registration and on-site check-in.
CNTA mandates using bank escrow accounts to hold outbound tourist deposit
02/23/2016|8:31:00 AM|
The Chinese tourism authority CNTA has issued a series of regulations on the country’s outbound tourist deposit collection requiring all deposit to be held in escrow accounts by banks.
Jin Jiang International raises AccorHotels stake to 5.5%
02/04/2016|6:20:03 PM|
Jin Jiang International has increased its shareholding of AccorHotels to 5.5%, becoming the second largest shareholder of the French hotel group.
Jin Jiang International becomes largest shareholder of AccorHotels
02/04/2016|6:06:45 PM|
Jin Jiang International again raised its shareholding of AccorHotels to 6.03% and became the largest shareholder of the French hotel group.
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