Search results for “hotel report”
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.
Expedia's gross bookings rise 21% in 2016
02/09/2017|7:37:11 AM|
Expedia reported gross bookings of USD 72.43 billion in 2016, up by 21% YoY. Revenue rose 32% to USD 8.77 billion and net income attributable to the company was USD 281.8 million in the time.
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.
MakeMyTrip's gross bookings rose 21.3%
02/06/2017|8:47:13 PM|
The Indian OTA generated revenue of USD 123.2 million in the quarter ended December 31, 2016, an increase of 38.6% YoY.
It’s not just about big data, leverage small data, too
01/05/2017|9:17:34 AM|
Small data results from internal resources like PMS, channel manager, website etc. Hotels need to consider the quality and utility of small data, before looking deep into big data, intelligence and analytics.
Joyu Group applies for a New Third Board delisting
01/05/2017|10:15:41 AM|
Lvmama parent company Joyu Group announced on January 3 that it has applied to be delisted from the New Third Board after one year of listing.
WeChat innovates Mini Program, hints at travel services
01/09/2017|10:06:26 PM|
WeChat launched in-app service Mini Program (or XiaoChengXu in Chinese) on January 9. The “instant and disposable” service is deemed more suitable for travel companies as their business is more offline oriented and they are visited in app at lower frequencies.
Huazhu, Accorhotels expand in China's midscale, upscale market
12/30/2016|10:44:22 AM|
Huazhu Hotels (China Lodging Group) unit Yagao Meihua signed agreements for nearly 40 new projects in more than ten months. The majority are located in China's first- and second-tier cities.
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Trip.com Group reports 70% rise in Q1 international OTA platform revenue

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China, Japan and South Korea target 40 million tourist exchanges by 2030

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