Search results for “travel sales”
Ctrip gears up for tougher battles in hotel contracting in Asia
06/09/2015|7:08:01 AM|
The leading OTA acknowledges that signing of direct contracts with hotels isn’t a straightforward task in overseas markets. But the team is expanding in early days of Ctrip’s globalization.
Shijie99 partners with investor Utour and makes JV with CTM Group subsidiary
05/08/2015|10:34:40 PM|
Shijie99 has recieved an investment from Utour, distribution rights for CTM Group’s products in China, and will set up JV with CTM's Westminster Travel.
Tempus Global to raise US$257 million in private offering to boost travel ecosystem
06/04/2015|9:50:49 AM|
Tempus Global will make a private offering of up to 70 million shares to raise up to RMB1.598 billion from five specified buyers.
CNTA bans commissioned sale of outbound tourism products
05/29/2015|9:20:01 PM|
A new CNTA regulation will deal a blow to the SMEs without outbound tourism licenses and have a major effect on the market in third and fourth tier cities.
New trends in Chinese luxury shopping and overseas spending
05/26/2015|10:34:00 AM|
While visitors expenditure in Europe in April was up 40.4% y-o-y, it paled in comparison to the 93% increase in other regions.
China Southern cuts all air ticket commissions
05/07/2015|11:00:34 AM|
China Southern Airlines has announced it will stop its 1% agent commissions triggering speculation that the “zero commissions” era for air ticketing is imminent.
China’s OTAs net US$14 billion in transactions in Q1 2015
05/18/2015|10:47:22 PM|
China’s OTA market recorded RMB87.5 billion in transactions during the first quarter of 2015 an increase q-o-q of 11.7% and 29.2% y-o-y.
Tempus Global acquires TMC Qingdao ZX to facilitate entry into Shandong market
05/13/2015|10:31:10 AM|
Tempus Global has acquired travel management company (TMC) Qingdao ZX to pave the way for its entry into the Shangdong province market.
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