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Theme park and travel group OCT posts 35.48 billion yuan revenue in 2016

04/12/2017|2:58:38 PM|

Theme park and tourism group OCT reported annual operating revenue of RMB 35.48 billion in 2016, 10.07% more than previous year. Net income attributable to shareholders rose 48.44% YoY to RMB 6.89 billion.

Only 10% theme parks in China make profits in 2016

12/28/2016|4:57:33 PM|

Of the 2,700 theme parks in China, only 10% are reportedly making profits this year, 70% are said to be in the red, with the rest at break-even point, according to a report on Chinese theme parks.

Travel startups create 3.39 million tourism jobs in 2015

07/27/2016|6:48:16 PM|

Tourism-related entrepreneurship and innovation created around 3.3945 million jobs in China in 2015, accounting for 12.13% of direct employment in the industry.

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