Search results for “decline”
ChinaTravelNews Briefing: Tencent vies for railway WiFi service, Meituan denies funding and more
04/20/2018|2:48:41 PM|
Both Tencent and Alibaba are eyeing a stake in Bullet Train Networks, Ctrip joins a consortium in a bid for car rental firm eHi’s privatization, and more in this week’s Briefing.
ChinaTravelNews Briefing: Ctrip Car licensed to run, Meituan buys Mobike, Airbnb Plus
04/08/2018|5:49:42 PM|
Ctrip Car gets the nod to run ride-hailing business; Meituan extends its offerings to 320 million annual active users through its Mobike acquisition; and higher fuel cost is affecting the growth of airlines.
China’s domestic & inbound tourism to gross over $795 billion in 2017
12/25/2017|9:11:04 AM|
Statistics show that domestic and inbound tourism in China will generate traffic exceeding 5.1 billion in 2017 and total revenue of over $795 billion, contributing more than 10% to GDP and employment.
Online leisure travel firm Tuniu posts a 1.8% rise in 2019 net revenues
04/09/2020|11:11:27 PM|
Tuniu expects its net revenues to decline by 65%-75% for the first quarter this year.
ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017|2:15:13 PM|
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
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.
Chinese outbound tourists increase 5% to 62.03 million in H1 2017
08/04/2017|11:28:49 PM|
China remains the world’s largest outbound tourism source market following a 5% increase year on year in the number of Chinese outbound tourists to 62.03 million in the first half of 2017.
Global theme parks: Disney remains No. 1, China set to surpass US
06/15/2017|4:17:17 PM|
Theme parks in China will have more attendances than those in the US by 2020, according to a global theme park report by AECOM and TEA.
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