The Guangdong Tourism Association is tasked to promote the setting up of tour companies solely or jointly owned by Hong Kong investors.
Ctrip projects that coupon expenses will account for about 20 percent of its hotel commission revenue in 2015.
Ctrip.com International reported better-than-expected fourth-quarter and predicted its best revenue growth in years, sending its stock higher in after-hours trading.
Ctrip.com rallied the most in two years after it forecast an increase in first-quarter sales that exceeded analysts’ estimates.
Ctrip’s 2014 earning call reveals a business which is growing not only its revenues but also the number of travel verticals and which aims for a 30% share by 2020.
Tourico Holidays, today announced that it has launched its innovative new Group Bidding Engine, transparent online marketplace lets hotels bid on group reservation requests.
Ctrip.com announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2014.
Ctrip has recently launched Ctrip Global Cash Passport as part of its effort to extend its presence across the wider travel industry, its platform and online finance.