Search results for “USA”
Tujia’s single-day booking exceeds 56,000 room nights after Mayi acquisition
08/15/2016|7:41:45 PM|
Tujia’s single-day orders exceeded 56,000 room nights for the first time, China’s house-sharing market is expected to embrace a new round of explosive growth.
China’s tourism revenues grow 12.4% in first half of 2016
08/04/2016|8:50:57 AM|
Domestic travel in China grew 10.47% to 2.236 billion trips in the first half of 2016, and tourism revenues rose 12.4% to RMB 2.25 trillion.
Travel agencies organize 17.32% more outbound trips in Q2 2016
09/08/2016|10:02:25 AM|
Travel agencies in China organized 13.72 million outbound visits in the second quarter of 2016, up by 17.32% YoY.
InnMall secures million-yuan in A round
08/08/2016|10:39:58 AM|
FlightManager’s CEO Jiang Wang said that his investment in InnMall has been completed. The round had SIG as lead investor and generated tens of millions of yuan.
Tuniu counts on blend of brand strength, scale and operating leverage
08/29/2016|6:15:55 PM|
Sustaining growth rate has remained Tuniu’s major forte, but can cost control, association with HNA and the GMV of travel products uplift the overall margin going forward?
Meituan-Dianping reportedly mulls hotel unit spin-off for independent financing
08/25/2016|10:49:10 AM|
Meituan-Dianping would have to spin off its hotel business as the company was expected to run out the 3.3 billion dollars raised in its series E round within 1.5 years.
UTour’s outbound wholesale revenue climb 59% in first half of 2016
08/22/2016|9:56:02 AM|
UTour’s operating revenue grew 41.99% to RMB 4.453 billion in first six months. Revenue from its outbound wholesale business was RMB 3.43 billion, up by 59.03% YoY.
China Lodging Group grows robustly in mid- and up-scale RevPAR
08/16/2016|9:22:10 PM|
Occupancy rate was 85.2% in Q2 2016, compared with 85.8% in Q2 2015. The slight decrease was due to lower occupancy in lower-tier cities.
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