Search results for “Outbound travel”
Ctrip projects 20 billion yuan in group tour revenue this year
06/30/2017|10:51:10 AM|
Ctrip projected that its group tour business will gross RMB 20 billion this year. Its chairman James Liang said that the company’s sales income from hotels, air tickets, and travel groups will quickly become the highest in the world.
Priceline Group CEO: online travel in China may still witness “significant volatility”
06/19/2017|1:58:57 PM|
Priceline CEO Glenn D. Fogel believes that price is still incredibly important in China's OTA market. The key of setting up a brand in China is to understand ecosystems – Baidu, Alibaba and Tencent.
Ctrip Chairman: globalization is about supply chain, brand and innovative R&D
06/20/2017|1:25:19 PM|
Ctrip’s globalization should focus on its supply chain, brand and innovative research and development, chairman James Jianzhang Liang said.
Ctrip's overseas expansion with Thailand's largest hotel group
06/05/2017|3:29:20 PM|
Ctrip announces that it will develop its presence overseas to provide a more comprehensive set of travel experiences to Chinese tourists by cooperating with Thailand's largest hotel group--Centara Hotels & Resorts.
Hotelbeds to increase hotels in China over next 12 months
06/05/2017|9:35:15 AM|
Hotelbeds sees in China a general shift away from group bookings towards individual trips. Even payment solutions need to be localized.
Tour operator groups post revenue upsurge buoyed by outbound growth
04/28/2017|1:54:02 PM|
Chinese tour operator giant Utour Group recorded operating revenue of RMB 10.1 billion in 2016, up 20.71% YoY, while peer HNA-Caissa’s operating revenue of the year grew 34.48% to RMB 6.64 billion.
CITS nets 20% more profit in 2016
05/05/2017|1:51:32 PM|
CITS Group posted operating revenue of RMB 22.39 billion in 2016, up by 5.16%. Net profit last year climbed 20.07%. Operating revenue grew 10.54% in the first quarter of 2017 while net profit for the period rose 5.83%.
Tempus Global’s net profit increased 22.52% in 2016
04/28/2017|1:42:34 PM|
Travel and finance group Tempus Global’s operating revenue grew 37.93% to RMB 1.28 billion in 2016. Net profit rose 22.52% YoY to RMB 178 million in the time.
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