Search results for “Ctrip Corporate Travel”
Chinese outbound spending up by 16.7%, buying 46% of global luxury goods
04/08/2016|8:31:11 AM|
Global tourism has experienced growth for six years in a row, contributing 10% to world GDP and creating 9.5% of jobs globally, according to WTTC.
Ctrip’s story isn’t just about growth, margins too coming into the picture
03/19/2016|11:20:10 AM|
Post consolidation in the OTA space, Ctrip is not only focused on its market share and GMV, but it also looking at hiking the overall margin to improve the financial performance.
UTour may gain 10% shares plus a board seat in Ctrip's vacation business
03/17/2016|9:33:15 AM|
UTour and Ctrip will undertake cross-shareholding of 10% stake in each other and the former might acquire a board seat in the latter's holiday unit after the UTour acquires Huayuan.
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.
ITB Berlin strengthens its presence in China
03/10/2016|9:14:19 AM|
Starting in May 2017, ITB China will take place annually at Shanghai World Expo Exhibition and Conference Center in the partnership with TravelDaily China, China’s leading online news portal and event organizer for the travel industry.
Ctrip’s partner UTour plans full acquisition of HuaYuan
03/03/2016|6:18:43 PM|
Ctrip’s partner Beijing Utour International Travel Service Co Ltd (UTour) plans to buy out Huayuan International Travel (HuaYuan) for RMB 2.6 billion. The funds for the purchase will be raised by issuing 65.61 million shares at RMB 35.82 per share plus RMB 250 million in cash.
Qunar further stonewalled by major airlines in China
03/15/2016|10:12:00 PM|
China Southern Airlines removed all its contents from both the website and the app of Qunar on March 14. The move came after Air China, Hainan Airlines and subordinated Fuzhou Airline and Capital Airlines barred their ticketing agents from selling tickets on Qunar.
Alitrip set to leverage Alibaba’s prowess in the world of e-commerce
02/22/2016|4:08:55 PM|
Be it for Alibaba’s massive traffic or data analysis expertise, Alitrip is looking beyond the model of a traditional OTA to have a bigger say in the overall consumer travel experience.
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