Search results for “third party”
Hotel room glut drives down room rate and revenue in China
08/03/2016|10:01:40 AM|
Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
Ctrip halts agent listings of domestic flights scheduled after September 1
06/21/2016|10:18:55 AM|
Ctrip announced to its ticketing agents that it will no longer let agents sell domestic flight tickets on the platform. The decision was effective from June 17 and applicable to tickets scheduled to fly on and after September 1.
Mark your calendar for 2016 TravelDaily Events
03/29/2016|3:33:27 PM|
In 2015, TravelDaily has been on the go too, having launched HMC, CADC, TDC and other events. Now take a look at the calendar for upcoming events in the new year!
Ctrip bullish over consolidated operating results with Qunar
06/20/2016|10:15:11 AM|
Ctrip started to consolidate Qunar’s financial statements from the accounting perspective. The companies are hopeful of posting non-GAAP operating profit soon.
Shiji to acquire 19.6% voting right in Huanxun E-commerce for RMB 152 million
05/31/2016|10:03:28 AM|
Shiji Information, a major PMS service provider in China, plans to splash out RMB 152 million to buy 100% shares of Great Kylin Investment, which owns 19.6% voting right in Huanxun E-commerce. Shiji also owns 22.5% of iPS, Huanxun E-commerce’s fully-controlled subsidiary
Outbound travel service Baicheng gets New Third Board listing
04/27/2016|2:55:04 PM|
Beijing Baicheng International Travel was listed on New Third Board on April 22; Alibaba holds 16.47% stake in the travel agency as the second largest shareholder
China Southern redefines rules on ticket agents
03/28/2016|10:17:24 PM|
The South-China-based airline giant reshapes its distribution system with revised guidelines for ticketing agents.
EQT to create new European tourism group with Kuoni takeover
02/12/2016|12:54:05 AM|
Swedish private equity firm EQT aims to create a new European tourism group with the agreed takeover of Kuoni and possible purchase of TUI's Hotelbeds unit.
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