Search results for “travel investment”
Tour operator groups post revenue upsurge buoyed by outbound growth
04/28/2017|1:54:02 PM|
Chinese tour operator giant Utour Group recorded operating revenue of RMB 10.1 billion in 2016, up 20.71% YoY, while peer HNA-Caissa’s operating revenue of the year grew 34.48% to RMB 6.64 billion.
Tempus Global’s net profit increased 22.52% in 2016
04/28/2017|1:42:34 PM|
Travel and finance group Tempus Global’s operating revenue grew 37.93% to RMB 1.28 billion in 2016. Net profit rose 22.52% YoY to RMB 178 million in the time.
Plateno’s experiences from its international expansion
04/07/2017|6:57:16 PM|
Chinese hotel chain Plateno may gradually demonstrate its own strengths in the future development as an international brand and differentiate itself from other brands under the umbrella of Jin Jiang International Hotels Group.
Lifestyle vacation provider Tsingpu closes A round, invests in Blossom Hill
03/21/2017|12:22:37 PM|
Lifestyle vacation provider Tsingpu Travel announced that it has raised RMB 200 million in its A-round financing and become a major stakeholder of boutique lodging brand Blossom Hill through a strategic investment.
Tailored travel SaaS platform Lushu closes A round
04/17/2017|6:35:56 PM|
Travel customization SaaS platform Lushu told ChinaTravelNews on April 17 that the company has closed its A round funding backed by Keywise Capital, an investor of Chinese photo App maker Meitu.
CYTS Tours’ net profit rises 63.83% in 2016
04/25/2017|1:32:41 PM|
Chinese tour operator group CYTS Tours recorded RMB 10.33 billion operating revenue in 2016, a 2.36% drop from a year before. Net profit grew 63.83% YoY to RMB 484 million in the year.
Focus on China – Brought to You by TravelDaily China
02/27/2017|9:36:02 AM|
TravelDaily China will present insights on China in ITB Berlin.
Ctrip invests in boutique hotel operator Lagom
03/07/2017|3:05:30 PM|
Ctrip has made a strategic investment in boutique hotel and alternative accommodation brand Lagom, according to Lagom’s announcement. The online travel giant also invested in boutique chain Jiuqi last September.
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