Search results for “travel peak”
Sino-Australia travel peak leads to more direct routes in lower-tier market
09/28/2016|9:16:29 AM|
Chinese carriers are seeking to launch more non-stop services between Australia and lower-tier Chinese cities, as demand is booming while air rights in top-tier cities are tight.
Ctrip embarks on hotel operation, Xiaozhu gets $300 million funding, and more
10/18/2018|8:22:02 AM|
High-speed railway passenger volume increased by more than 50% year-on-year during China’s National Day holiday, Airbnb rival Xiaozhu has pocketed $300 million for beefing up security and services.
Tourist equipment rental platform Hainiaowo raises million dollars in Series A+ round
09/05/2018|5:21:05 PM|
The company allows users to rent digital equipment such as cameras, WiFi routers and diving equipment for a duration of 7 to 10 days.
Ctrip records $10m offline daily sales, Alibaba invests in FunNow, and more
08/19/2018|3:54:23 PM|
Huazhu acquired 71.2% shares of Blossom Hill for RMB 462.9 million; OYO signed 400 hotels and 25,000 rooms in China last month alone; travel service firm KLOOK raised $200 million.
Ctrip offline stores reap $10.24 million sales in a single day
08/08/2018|5:38:58 PM|
James Liang, Ctrip's co-founder and executive chairman, said that there is still huge potential for offline stores in smaller cities and that Ctrip will grow its presence in third- and fourth-tier cities.
Shared lodging brand Islands secures tens of millions of yuan in financing
04/17/2018|8:51:26 AM|
Islands pools together existing room inventories in centrally located neighborhoods and lease them at 80% of the operating cost, to help generate returns on otherwise unused room stocks.
China's high-speed rail serves 7 billion passengers in nine years
10/25/2017|10:49:46 AM|
China's high-speed rail has carried 7 billion passengers since the Beijing-Tianjin high-speed rail service was inaugurated in 2008. The traffic volume has been growing at an annual rate of over 35%.
Chinese airlines carry 12.95 million passengers during 8-day holiday
10/09/2017|7:25:41 PM|
Chinese airlines have carried a total of 12.95 million passengers during the National Day holiday, an increase of 14.6% from the same period last year. The average passenger load factor was over 80%.
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