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China gains 28 million visitors and $66.8 billion tourism receipt in 2016
10/10/2017|2:22:57 PM|
A China Tourism Academy report shows that China's inbound tourism receipt steadily increased 5.6% to $120 billion in 2016, resulting in a tourism trade surplus of $10.2 billion.
38 million tourists exchanged between China and ASEAN countries in 2016
11/14/2017|9:50:02 AM|
China and ASEAN countries have become important tourism source markets and destinations for each other. Vietnam cities like Hanoi, Ha Long Bay and Nha Trang have received more and more Chinese visitors.
Retailing isn’t just about monetisation, also about being “smarter” than ever
11/03/2017|10:21:12 AM|
The pace with which retailing continues to evolve means random selling of air ancillaries and non-air ancillary products won’t work or pay off in the future.
Xiaozhu co-founder anticipates profit in 2018 and moots listing plan
11/02/2017|4:52:25 PM|
Xiaozhu has been operational online with clear transaction scale and business model, and the possibility of going public is becoming clearer, though no timetable has yet been set.
BTG reports 550 million yuan net profit in first 3 quarters of 2017
11/01/2017|1:18:49 PM|
BTG Hotels registered 40.15% increase in operating revenue to RMB 6.312 billion in the first nine months of the year. The net profit attributable to the parent company was RMB 550 million, up 250.9%.
Vpon decodes the digital footprint of mainland tourists
10/31/2017|4:31:11 PM|
Countries in Asia-Pacific remain the top destinations of mainland Chinese tourists, while a number of provinces of the new 1st-tier cities become popular, along with Beijing and some coastal regions.
Online or offline, completing a transaction is getting easier than ever
10/19/2017|3:06:29 PM|
One extra click or filling an extra blank for personal details can result in cart abandonment. Airlines eyeing Chinese customers need to keep up with the payments arena for better shopping experience.
"Direct sales" going up for Chinese carriers, but is it enough?
10/18/2017|9:02:02 PM|
Top carriers in China today have 40-45% sales coming in via "direct" channels. But this figure also includes selling inventory via OTAs. So this doesn't translate into owning the passenger for airlines.
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