Search results for “financial results”
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?
The Jetstar Group reports record underlying EBIT of USD 452 million for 2016
08/29/2016|4:32:37 PM|
Qantas Group’s low-fares airline, the Jetstar Group, recently reported record underlying EBIT of USD 452 million, up 97% for fiscal year 2016.
HKCTS vows to avoid horizontal competition with CITS
10/02/2016|11:15:44 AM|
CTS Group, a new company formed of the HKCTS-CITS merger, announced in a recent commitment letter that it plans to avoid horizontal competition with its fully-own subsidiary CITS.
Jin Jiang Hotels reports AOR of 74.09% in H1 2016
08/31/2016|6:32:52 PM|
Jin Jiang Hotels reported average room rate of RMB 183.80 and average occupancy rate of 74.09% in H1 2016, according to the financial results released on August 29.
The most innovative of them all
09/02/2016|8:36:56 PM|
Seven companies beat out hundreds of others attenended China Travel Innovation Challenge at the 2016 TravelDaily Conference for a chance to win this year’s coveted title.
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.
Expedia posts 20% growth in hotel room nights
07/28/2016|6:05:42 AM|
Expedia‘s gross bookings increased 25% YoY to over $18.8 billion in the second quarter of 2016. Revenue increased 32% YoY to over $2.1 billion.
Ride-hailing platforms including Didi and Uber raise prices, no more money burning
07/28/2016|11:33:16 AM|
Ride-hailing platforms including Didi, Uber, UCAR and Yidao have cut subsidies and raised prices in several cities since last month.
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