Search results for “net revenue”
China’s star-rated hotels net RMB 471 million profit in 2016
10/23/2017|10:46:33 AM|
The star-rated hotels in China netted operating incomes of RMB 202. 726 billion and total profits of RMB 471 million last year. Room and catering accounted for 44.79% and 41.30% of the total revenues.
Online travel company Golden Century nets US$11.6 million from Tongda Chemical
07/15/2015|9:56:55 AM|
Golden Century will receive RMB72 million investment from Tongda Chemical which will hold a 13.04% stake in the former.
Tempus Global to raise US$257 million in private offering to boost travel ecosystem
06/04/2015|9:50:49 AM|
Tempus Global will make a private offering of up to 70 million shares to raise up to RMB1.598 billion from five specified buyers.
Alibaba's Alitrip partners with Travelport to boost platform's content and data
07/06/2015|6:59:13 PM|
Leading travel commerce platform, Travelport announced a new content and data partnership agreement with the online travel platform of the Alibaba Group, Alitrip.
eHi eyes a portfolio of comprehensive mobility solutions
06/01/2015|9:18:09 PM|
eHi is currently evaluating its P2P car rental platform, as it becomes clear that car rentals in China aren't fitting into the traditional defintion of the industry.
Juneyao Air’s share price up 44% on first trading day
05/28/2015|9:25:09 PM|
Juneyao Air share price quickly shot up 44.01% from the issue price of RMB11.18 to the maximum limit of RMB16.10 on the first day of trading.
Jin Jiang Hotels profits up by 41.48% in Q1 2015
05/07/2015|4:50:07 PM|
Jin Jiang reported a 41.48% increase in revenue and 59.1% increase in net profit in Q1 y-o-y, at RMB909 million and RMB154 million respectively.
Chinese hotel groups get ready for new battles
05/15/2015|10:51:45 PM|
Chinese hotels are under pressure, with wobbling RevPAR adversely impacting the overall profitability in Q1.
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