Search results for “tourism group”
Club Med launches new flagship resort in French Alps
01/03/2019|2:45:17 PM|
After 18 months of construction, Club Med Les Arcs Panorama should welcome this winter season over 13,000 clients from 40 different nations.
Ctrip and Didi may invest in Indian firms, five OTAs corner 96.4% of Q2 hotel bookings, and more
09/13/2018|10:15:56 AM|
Ctrip is likely to invest $100 million in food-delivery platform Zomato and Didi is reported to back the Chinese business of OYO. Ctrip, Meituan, Qunar, Tongcheng-eLong and Fliggy accounted for 96.4% of Q2 hotel bookings.
Does Zuji’s demise signal the ebbing of HNA’s OTA play?
11/30/2018|5:43:50 PM|
Zuji is not the first OTA acquired by HNA Group to struggle for survival, as it became apparent that HNA’s ambitious global expansion in recent years made it difficult for the group to build a viable ecosystem.
7m Chinese to peak National Day break, Meituan in-store, hotel & travel up 44.1% in revenue, and more
09/30/2018|1:16:38 PM|
Around seven million Chinese are expected to travel abroad during the Golden Week. Meituan was listed in Hong Kong and reported a 10.6% rise in in-store, hotel and travel businesses GTV and 44.1% in revenue.
Wanda reinstates its hotel ambition with Wanda Moments brand
12/04/2018|9:05:53 AM|
Wanda Hotels & Resorts has been heading towards being asset-light following a blockbuster deal in July 2017 that changed its asset portfolio.
Airbnb China reports triple growth rate in the second half of 2018
12/17/2018|9:29:08 AM|
Airbnb projects that Chinese travelers will travel to 618 cities in 88 countries and regions during the Spring Festival of 2019.
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
09/03/2018|10:51:01 AM|
Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
Ctrip unfazed by macro uncertainty, rather primed for further growth
11/12/2018|3:54:18 PM|
Asserting that Ctrip historically has outpaced China's GDP growth by a factor of four, the senior management believes the future remains bright, bolstered by robust position in the domestic market and ability to capitalize on opportunities presented by globalization.
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