Search results for “lower-tier cities”
Lackluster results for hotels in secondary Chinese cities while top-tier hotels show growth
01/08/2016|6:37:41 PM|
China’s hotels showed signs of recovery in occupancy rates in 2015，and demand for hotel accommodation will find support from tourism development, Savills reported.
Game of hotel network expansion – who is winning?
11/12/2015|4:10:54 PM|
Major Chinese hotel chains continue to pursue their expansion plans. HUAZHU Hotels states the roadmap is charted out, featuring a pipeline of 696 hotels.
TMC platform Miutrip supports industry small fries with new financing
09/16/2015|3:25:21 PM|
Miutrip, a travel management company (TMC) specializes in providing integrated solutions for business travel, announced it has received multi-million investments in its A Round financing.
Huazhu Hotels reports 85% occupancy and 207 new hotels in Q2 2015 report
08/18/2015|10:31:38 AM|
China Lodging Group added 207 hotels had 85.8% occupancy rate while net revenues increased 16.9% to RMB1.46 billion in Q2 2015.
Air China achieves steady direct sales growth in first half
09/02/2015|6:22:23 PM|
After rolling-out a series of initiatives to improve the operational performance of its e-commerce platform, Air China is witnessing positive results.
Hainan Airlines shareholders get 231.92% y-o-y hike in earnings on shares in Q2
08/14/2015|2:59:07 PM|
Hainan Airlines has recorded 1.602 billion in net profits attributable to its shareholders in the first half of the year, representing an increase of 231.92% y-o-y.
CAR Inc open to venturing into “auto-related” business areas
05/28/2015|9:27:51 PM|
CAR Inc's latest quarterly results have been an extension of its solid 2014 performance with gross profit up by 97% y-o-y to RMB1,239 million last year.
China brands special part 1: Airlines - Premiumization and trust
05/26/2015|12:02:44 PM|
Part of a three-part special series, ChinaTravelNews takes a look at the Travel industry brands that made the list. Part 1 takes a look at airlines, seeing as four of China’s largest carriers have made the list.
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