Search results for “tourism growth”
Tujia completes $300 million round of financing at over US$1 billion valuation
08/03/2015|8:55:59 PM|
Tujia, China’s largest online platform for vacation rentals, has completed its D&D+ round of financing，raising $300 million at a valuation of more than $1 billion.
Jin Jiang Hotels earns 49.2% more y-o-y for shareholders in first half
09/01/2015|7:21:16 PM|
Shanghai Jin Jiang International Hotels Group chalked up 50.5% increase in operating profit, totaling RMB1.325 billion in the first half of the year.
Chinese visitors to Australia up 22% with AUD$19 million daily expenditure
09/06/2015|6:43:18 PM|
Australia’s recorded its highest annual tourism earnings this year since the 2000 Sydney Olympics and Chinese contributed AUD$19 million in daily tourism revenue.
Zhejiang-based Utour Travel gets US$4.67 million investment to upgrade online travel
08/25/2015|6:10:03 PM|
Leisure travel and mini-vacation service Utour Travel recently received a RMB30 million investment, boosting its estimated value to nearly RMB300 million.
Wanda makes first OTA investment with US$577 million in LY.com
07/07/2015|5:00:07 PM|
Wanda Culture Industry Group has injected RMB3.58 billion in its first OTA investment - LY.com, as part of Wanda Tourism’s ‘online +’ O2O strategy.
Chinese outbound travel – OTAs figure prominently in hotel distribution mix
08/27/2015|6:07:31 PM|
For hotel companies targeting Chinese outbound travel segment, the reliance on OTAs is important at this juncture.
Hong Kong receives 10% fewer independent Chinese visitors in June
07/07/2015|6:05:45 PM|
The full impact of the visit pass policy change remains to be seen as independent visitors from China are still traveling on multiple-entry visit pass.
International hotel groups beat hasty retreat from China market
07/10/2015|10:07:03 AM|
A hotel ranking list based on room counts shows local economy hotel chains topping the charts while major international hotel groups are shrinking in scale.
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