Search results for “consumption”
China OTAs turn over 700 billion yuan in H1 2019, Ctrip accounts for 55.7%
08/23/2019|1:49:44 PM|
As of June 2019, the number of OTA users topped 150 million. Third- and fourth- tier cities became important growing markets.
Foreign hotels open to diversifying distribution mix in China
07/30/2019|6:13:44 PM|
Mini programs on Taobao, shopping links on Douyin…the new developments exemplify how exciting is China's ever-evolving e-commerce. And foreign hotel companies are increasingly trying to be a part of that.
Franchise Hotel Qingzhu secures three financing rounds in H1 2019
07/30/2019|3:04:23 PM|
Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.
Ctrip teams up with Air China to launch mixed payment for flight tickets
07/30/2019|1:34:11 PM|
More users are using mileage and cash mixed payment for Air China’s domestic flight tickets since Ctrip and Air China launched the unprecedented arrangement in May.
China’s online vacation booking maintains upward momentum
07/27/2019|6:27:43 PM|
From 2012 to 2018, the compound growth rate of online booking of vacation travel increased 42.97%, slightly higher than the 41.76% of the overall travel booking on the Internet.
Chinese leisure accommodation startup SpaceBox bags over RMB 10 million
07/11/2019|10:08:09 AM|
SpaceBox provides integration solutions for individual hotels targeting younger people.
"Ctrip is not a traditional company": CEO Jane Sun
05/15/2019|3:00:47 PM|
The group asserts that in addition to being a "hi-tech" company, and its focus on expanding the product list and reach, one of Ctrip's biggest strengths lies in being reliable.
Outbound travel can contribute up to 50% of revenue in 5-10 years: Ctrip CEO
05/24/2019|11:45:47 AM|
The online travel company is optimistic about driving both revenue growth and margin expansion by leveraging large market scale.
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