Search results for “Beijing”
Camp education institute Stateside Adventures nabs multi-million yuan investment
03/14/2019|12:51:47 PM|
In 2018, Stateside Adventures tripled the number of enrolled students year on year. The gross profit margin was nearly 50%, and the operating revenue was about RMB 30 million.
US travel income dropped due to stagnating arrivals, OYO sees China profitability, more
03/12/2019|10:26:17 AM|
Spending by international visitors in the US dropped nearly 1% largely due to stagnating visitor arrivals from China; OYO China CFO said that the firm will think through profitability models in China.
OYO China CFO: We’ll have clear models for hotel operation and profitability
03/04/2019|8:57:29 AM|
"We know that speed, manpower efficiency and scalability are equally important. What’s not going to happen this year is that we will only manage to keep 5,000 of the 10,000 hotels we signed in 2018."
China Ski Academy powered by Club Med and Ecole du Ski Francais now open
01/18/2019|1:56:59 PM|
Bookings at Club Med’s two ski resorts in Beidahu and Yabuli alone have more than doubled in just two years – from 11,000 in 2016 to 24,000 this year.
Ctrip joins another funding round of service robot provider Yunji Technology
02/19/2019|11:31:49 AM|
The company secured a strategic injection from Ctrip in January this year. It also raised tens of millions of dollars from Tencent Investment, HNA Tourism Ventures and others in September 2017.
Mid- to high-end lodging brand SpaceBox nabs $2.95 million input
01/15/2019|4:35:31 PM|
Users can book guest rooms by the hour through MovieBox, LoversBox or GameBox via its WeChat Mini Program.
China’s travel deficit to widen, AA furthers code-share with China Southern, and more
01/29/2019|10:39:35 AM|
China’s travel deficit will exceed 100 million trips in five years, American Airlines and China Southern expanded codeshare partnership on additional routes, and Qunar.com registered 30% increase in GMV in 2018.
Meituan homestay CEO: China’s B&B sector has potential to grow 6-8 times
01/28/2019|10:44:46 AM|
Meituan’s data shows that the annual average room nights for China's homestay industry had been doubling in 2016-2018, and the rate of increase is expected to be over 100% from 2019 to 2021.
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