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Travelport appoints Ming Foong to lead Greater China Region
06/07/2017|10:01:35 AM|
Travelport is pleased to announce the appointment of Ming Foong, the new Managing Director for Greater China Region (GCR) and Online Business Group (OBG) APAC.
Expedia gross bookings grow 14% in Q1 2017
04/28/2017|7:09:34 AM|
Expedia reported gross bookings of USD 2.9 billion in the first quarter of 2017. Revenue increased 15% YoY to USD 2.2 billion, of which Trivago took up USD 286 million, a 62% rise from a year ago.
China's top 20 travel groups collectively rake in record income
12/09/2016|3:05:30 PM|
The collective income of China’s top 20 tourism groups this year is 40% higher than last year. The rapid growth is said to be a result of capital-driven mergers and online-offline consolidations.
China Lodging's net revenues grow 10.8% in Q1 2017
05/11/2017|7:36:20 AM|
China Lodging Group posted net revenues of USD 231.4 million in the first quarter of 2017, up by 10.8% YoY. Net income attributable to company rose from RMB 69.4 million in Q1 2016 to RMB 148.1 million (USD 21.5 million).
Sabre revenue rises 6.5% to $915 million in Q1 2017
05/02/2017|9:11:28 PM|
Sabre reiterated its full-year 2017 guidance in the first-quarter report of 2017. Revenue rose 6.5% to USD 915 million in the quarter.
Europe gears up to capitalize on prowess of China as a source market
02/22/2017|10:35:49 AM|
The European Union is preparing activities for the forthcoming EU-China Tourism Year. The decision to christen Europe as the first partner destination for the ITB China event is such initiative.
UCAR launches commission-free C2C platform
09/23/2016|11:06:36 AM|
UCAR's newly launched U+ Open Platform Strategy entices targeted car owners in China to join the platform, without charging a commission.
Ctrip's net revenues surge 76% in 2016
02/23/2017|7:36:07 PM|
Ctrip reported net revenues of USD 2.8 billion in full year 2016, representing a 76% increase YoY. Accommodation reservation revenues rose 58% to USD 1.1 billion, accounting for 37% of the total revenues.
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