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CYTS operating revenue drops 4.31% to ¥4.761 billion

08/31/2017|12:55:26 PM|

In H1 2017, CYTS made ¥1.652 billion in operating revenue from travel products, ¥886 million from integrated marketing services, ¥197 million from hotels and ¥784 million from attractions.

Marriott to add 100 hotels in Asia Pacific

06/13/2017|11:28:24 AM|

Marriott International announced that the group will add more than 100 properties to its Asia Pacific portfolio that currently has 113 luxury hotels.

Meituan-Dianping launches overseas lodging service

02/15/2017|9:14:24 AM|

Chinese group-deal platform Meituan-Dianping announced that the company has rolled out overseas accommodation service on its two major apps, offering over 120,000 overseas properties for booking, of which 25% are high-rated hotels.

Travel industry veterans discuss the competition landscape after industry consolidation

05/19/2016|3:06:53 PM|

This year’s China Hotel and Marketing Conference hosted by ChinaTravelNews announced its grand opening yesterday in Shanghai.

New director appointed to lift Starwood’s flagging fortunes in China

05/22/2015|3:42:39 PM|

Nong Xia will replace 30-year veteran Jing Qian to head of expansion in the greater China mid-range hotel market.

Starwood Capital seeks Sunshine Insurance investment in hotel management company

02/09/2015|10:11:24 AM|

The high growth period for China's domestic property market has past and Chinese companies are now forced to invest in overseas real estate.

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