Search results for “sales”
Huazhu Hotels abruptly ends partnership with leading OTAs
04/29/2015|10:17:47 AM|
Huazhu Hotels announced it would terminate its partnership with–Qunar, Ctrip and eLong – for breach of contract terms.
China’s star-rated hotels record 49% occupancy in Q1 2015
05/29/2015|9:23:52 PM|
The 11,369 hotels in operation reported RMB22.253 billion from F&B and RMB20.705 billion from room sales for total revenue of RMB49.168 billion.
China Southern cuts all air ticket commissions
05/07/2015|11:00:34 AM|
China Southern Airlines has announced it will stop its 1% agent commissions triggering speculation that the “zero commissions” era for air ticketing is imminent.
Apartment rental QK365 receives US$29 million in Series B financing
06/01/2015|9:14:05 PM|
Shanghai-based apartment rental service QK365 announced it received a funding of RMB180 million (approx: US$29 million) in its Series B financing round.
China Southern applies to CAAC for Chengdu HQ
05/29/2015|4:45:20 PM|
China Southern Airlines has submitted an application to set up a headquarters with Civil Aviation Authority of China's Southwest Regional Administration.
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.
New trends in Chinese luxury shopping and overseas spending
05/26/2015|10:34:00 AM|
While visitors expenditure in Europe in April was up 40.4% y-o-y, it paled in comparison to the 93% increase in other regions.
Low yen propels Japan ahead of Korea in attracting Chinese tourists
04/27/2015|9:39:19 AM|
The Japanese yen has fallen to a seven year low against the Korean won, fueling the Japan craze among Chinese tourists at the expense of arrivals to Korea.
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