Search results for “Hainan”
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.
China’s star-rated hotels report Q1 revenue at ￥48.711 billion
08/23/2018|8:22:33 AM|
In Q1, the average room rate (ARR) of all star-rated hotels was RMB 343.13 per room night, average occupancy rate (AOR) was 50.55% (+0.35pp), and revenue per available room (RevPAR) was RMB 173.45 (1.77%).
Ctrip commits financing for immigration and real estate platform Hinabian
08/20/2018|2:38:12 PM|
The proceeds will be earmarked for implementing overseas business, and Ctrip will gear up its global business reach by providing open access for Hinabian.
Yacht service operator HiTime complete multi-million funding round
06/22/2018|11:50:46 AM|
With the current round of financing, HiTime will increase its market share in yacht operations at pristine areas in China, and aims to become China's largest yacht service provider with updated products.
Huazhu ranked 4th globally, Meituan files for IPO, and more in ChinaTravelNews Briefing
07/09/2018|10:48:48 AM|
AccorHotels’ shareholder Huazhu surpassed IHG in market capitalization as the world’s fourth highest valued hospitality group. Tencent-invested e-commerce and travel firms Meituan and Tongcheng Elong filed for Hong Kong listings.
TUI further expands partnerships in China
06/26/2018|2:35:47 PM|
TUI Group is expanding its cooperation with Hangzhou, Beijing and Sanya.
Hainan offshore duty-free policy generates RMB 19 billion sales in five years
04/24/2016|7:58:13 AM|
Since Hainan offshore duty-free policy was implemented five years ago, duty-free stores in Sanya and Haikou have sold around 24.0678 million duty-free goods worth RMB 19.044 billion to about 6.2463 million customers
ChinaTravelNews Briefing: Booking.com unites Spring Airlines, Tencent permits travel, and more
06/17/2018|7:48:13 PM|
China Southern pledged to facilitate cancellation and re-scheduling for its directly or indirectly sold tickets; Tencent is working with the Chinese government to create an electronic travel pass system.
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