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Amadeus reports financial results for full year 2015

In its latest report on financial results for full year 2015, Amadeus had its total air travel agency bookings rose 8.3%, to 505.0 million.

02/26/2016|12:45:51 AM|ChinaTravelNews

Jin Jiang Hotels secures RMB 4.92 billion loan for overseas acquisitions

Jin Jiang Hotels has been granted a loan of RMB 4.92 billion by the Export-Import Bank of China’s branch in Shanghai as the travel company is planning further acquisitions overseas.

02/26/2016|10:58:35 AM|ChinaTravelNews

HotelGG completes a RMB 5 million investment in BagEvent

HotelGG has recently completed a RMB 5 million investment in BagEvent, an SaaS service company that specializes in managing event registration and on-site check-in.

02/23/2016|8:33:41 AM|ChinaTravelNews

UCAR completes restructuring and may go public this year

UCAR has completed its restructuring and is considering a listing on either the New Third Board or the Strategic Emerging Board, the former preferred. The company is not planning a C-round funding before listing.

02/18/2016|8:41:58 AM|ChinaTravelNews

Priceline reports financial results for Q4 and FY2015

Priceline Group today reported its 4th quarter and full-year 2015 financial results with fourth quarter gross travel bookings increasing by 13% YoY to $12.0 billion and gross profit increasing by 12% YoY to $1.9 billion for Q4.

02/17/2016|10:08:34 PM|ChinaTravelNews

Shouqi Car Rental buys 40% stake of Reo Car Rental

Shouqi Car Rental has acquired a 40% stake of Reo Car Rental and become the latter’s largest shareholder. The move helps further its game plan in the domestic car rental market.

02/16/2016|11:01:04 AM|ChinaTravelNews

Travelzoo reports fourth quarter 2015 results

In the fourth quarter of 2015, the number of Travelzoo members worldwide continued to increase to 28.4 million.

02/12/2016|6:39:26 AM|ChinaTravelNews

Expedia reports Q4 and FY2015 results

On February 10 Expedia announced financial results for the fourth quarter and full year 2015 with its gross bookings increased 40% and revenue increased 29% year-over-year in the fourth quarter of 2015.

02/11/2016|5:57:39 PM|ChinaTravelNews
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