Search results for “expansion”
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).
Japanese media firm Recruit acquires guest feedback platform TrustYou
06/14/2017|5:01:05 PM|
Japanese internet and media group Recruit Holdings announced that it has acquired TrustYou, the world’s largest guest feedback platform, with the goal to further invest in the international hospitality and travel market.
Why librarians matter to Chinese travelers
06/12/2017|11:09:32 AM|
Some 78% of Chinese travelers welcome and value support from travel service providers who need to play the role of librarians in ensuring these avid readers are constantly excited and intrigued.
TravelersBox gears up for its foray into China
05/04/2017|10:31:49 AM|
TravelersBox operates kiosks at airports that allow travelers to convert their leftover foreign currency into digital money. The company hopes the Chinese travelers, too, will like the idea.
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.
Luxury hotel expansion filters down to second-tier cities amid market slowdown
02/03/2015|11:36:17 AM|
Increasing globalization and economic prosperity in second-tier cities Chengdu and Wuhan has spurred demand for luxury services, especially hotels.
Tuniu expands with aggressive acquisition plans post IPO
03/10/2015|10:08:45 PM|
Tuniu has announced on March 9 2015 the acquisition of Hangzhou-based Zhongshan Travel and Tianjin-based China Classical Holiday.
Spring Airlines expands Japan service but gives no timetable for long-haul ambitions
03/04/2015|9:46:09 AM|
Riding on the success of its IPO, Spring Airlines is setting up an aircraft charter company to enter the aviation finance sector and boostingi Japan service.
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