Search results for “middle class”
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.
Huge consumption capacity still to be unlocked: Ctrip chairman
03/06/2019|2:20:22 PM|
Ctrip believes its strong foundation and the rise in the urbanization rate offer the company an opportunity to strengthen its presence in the Chinese market.
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.
What are the hot new destinations this winter?
01/15/2019|5:13:05 PM|
The new routes serve many of the rapidly growing cities across Central and Southern China and tap into the rising middle-class demand for vacations overseas.
Indoor recreational zone operator Neobio Family Park pockets tens of millions of yuan
12/14/2018|9:13:50 AM|
Adopting an “Entertainment Plus” strategy, Neobio adds entertainment zones adjacent to schools and supermarkets in middle- and high-end residential neighborhoods.
Affordable luxury brand Hotel MoMc bags another funding following 60-million yuan injection
12/21/2018|8:57:19 AM|
Hotel MoMc is optimistic of the budding markets in the second-, third- and fourth-tier cities and aims to integrate local characteristics to create personalized stays.
Sunlight Tourism secures RMB 90 million in Series A round
10/30/2018|9:42:46 AM|
Sunlight Tourism has launched six projects across the country, including Sun Valley, Sun Coast, Sun Forest, Sunlight Farm, Sunshine Valley and Sun Lake.
Ctrip unfazed by macro uncertainty, rather primed for further growth
11/12/2018|3:54:18 PM|
Asserting that Ctrip historically has outpaced China's GDP growth by a factor of four, the senior management believes the future remains bright, bolstered by robust position in the domestic market and ability to capitalize on opportunities presented by globalization.
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