Search results for “revenue management”
UTour acquires 13 stores to expand its retail travel in Suzhou
10/20/2017|9:38:12 AM|
UTour taps Xingzhou International Travel’s competitiveness in Suzhou to make up for its own lackluster performance in its Suzhou retailing business through the collaboration.
China’s star-rated hotels net RMB 471 million profit in 2016
10/23/2017|10:46:33 AM|
The star-rated hotels in China netted operating incomes of RMB 202. 726 billion and total profits of RMB 471 million last year. Room and catering accounted for 44.79% and 41.30% of the total revenues.
TravelDaily China-ITB Asia Session on China’s unprecedented growth
10/12/2017|10:43:54 AM|
“Breaking through in a New Era” is the main theme of TravelDaily China-ITB Asia Session to highlight China’s unprecedented growth in travel and its importance to the global industry.
AI, AR innovations provide a glimpse of tourism operation in the future
09/15/2017|3:27:25 PM|
AIcorrect Translator, designed for independent outbound tourists with the application of AI voice recognition technology, won the championship with "Innovation Enterprise Award" and "People's Choice".
BTG Hotels’ operating income rises 71.33% YoY to ¥3.988 billion
08/31/2017|9:45:57 AM|
BTG Hotels reported operating income of ¥3.988 billion in H1 2017, an increase of 71.33%; net profit attributable to the parent company grew ¥227 million to ¥241 million, an increase of 1626.29%.
Shiji raises stake in Galasys, expands in destination management
09/08/2017|4:09:13 PM|
Chinese hotel system provider Shiji has agreed to buy a controlling stake in destination solution provider Galasys, expanding from hotels, F&B, and retail to theme parks and attractions.
CYTS operating revenue drops 4.31% to ¥4.761 billion
08/31/2017|12:55:26 PM|
In H1 2017, CYTS made ¥1.652 billion in operating revenue from travel products, ¥886 million from integrated marketing services, ¥197 million from hotels and ¥784 million from attractions.
China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition
08/17/2017|8:00:45 PM|
China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.
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