Search results for “first-tier and second-tier cities”
China hotels to gross $796 billion in 2018 in accommodation and F&B services
04/13/2018|5:54:46 PM|
Hotel report projects that China’s hotel industry will gross RMB 5 trillion from accommodation and F&B services in 2018. Jinjiang, BTG Homeinns and HUAZHU have been identified as the three biggest hotel groups.
ChinaTravelNews Briefing: Booking’s reinvention, Mafengwo’s funding and more
12/25/2017|3:07:29 PM|
We join the dots of the events that took place in the past two weeks to offer insights into the Chinese tourists, travel startup funding rounds, major OTAs and internet giants’ technology solutions in China.
Chinese bike-sharing merger HelloBike scoops $350 million
12/04/2017|4:48:44 PM|
HelloBike has completed a USD 350 million D1 round of financing, and it has led the growth in bike-sharing in second- and third- tier cities.
ITB China 2018 hosted buyer registration opens
11/08/2017|2:41:23 PM|
Some 850 top travel buyers will be accepted to attend ITB China – maximizing the business opportunities for ITB China exhibitors and buyers by getting access to exclusive matchmaking system.
Outbound and inbound travels surge with China’s OBOR Initiative
10/20/2017|6:13:32 PM|
The One Belt One Road initiative attracted over 7 million visitors to China last year and 10 million Chinese travelers visited OBOR countries, up 71%, according to a Ctrip report.
Ctrip's transport ticket revenue climbs 49% in Q2, aided by Skyscanner
08/31/2017|5:20:39 PM|
Net revenue rose 45% to RMB 6.4 billion in the quarter. Accommodation revenue was RMB 2.3 billion (USD 341 million), up by 30%. Transportation revenue climbed 49% to RMB 3.0 billion (USD 441 million).
Meituan Travel grosses 18 million room nights of hotel bookings in July
08/11/2017|8:06:20 PM|
Meituan Travel registered more than 18 million room nights of hotel bookings in a single month in July, an increase of 50% year on year.
Plateno Group’s Wowqu raises RMB 50 million in Pre-A round
08/11/2017|5:56:06 PM|
Plateno's apartment rental brand Wowqu announced that it had received RMB 50 million in its Pre-A round financing backed by 58.com, a Chinese classified advertisement website.
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