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Utour’s enjoys revenue growth above 40%

02/27/2015|3:49:53 PM|

Utour achieved 40.32% y-o-y growth in revenue, recording RMB4.217 billion turnover and 24.32% y-o-y growth in shareholder profits totaling RMB109 million.

Luxury hotel expansion filters down to second-tier cities amid market slowdown

02/03/2015|11:36:17 AM|

Increasing globalization and economic prosperity in second-tier cities Chengdu and Wuhan has spurred demand for luxury services, especially hotels.

Shakeup ahead for China’s glutted luxury hotel market

01/16/2015|8:48:09 AM|

Luxury hotels in China are bracing for fierce competition as supply soars - the glutted market had a total of 800 five-star hotels in 2014.

China’s international perception needs makeover to lift inbound tourism

01/15/2015|8:49:16 AM|

Negative international perception of China is leading to a decline in inbound tourism to China according to a China tourism international public opinion survey.

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