Search results for “duty free sales”
Hotel PMS firm raises $14 million; China accused of blocking US flights | Daily Brief
05/25/2020|11:20:13 PM|
Car-hailing giant Didi started an international travel agency; Meituan recorded 45.5% fewer room nights due to pandemic impact.
Travel retail: Break old models to build new ones
03/23/2020|12:10:00 PM|
Reinventing travel retail will bring about new opportunities despite the raging pandemic.
Hainan offshore duty-free policy generates RMB 19 billion sales in five years
04/24/2016|7:58:13 AM|
Since Hainan offshore duty-free policy was implemented five years ago, duty-free stores in Sanya and Haikou have sold around 24.0678 million duty-free goods worth RMB 19.044 billion to about 6.2463 million customers
ChinaTravelNews Briefing: Tencent vies for railway WiFi service, Meituan denies funding and more
04/20/2018|2:48:41 PM|
Both Tencent and Alibaba are eyeing a stake in Bullet Train Networks, Ctrip joins a consortium in a bid for car rental firm eHi’s privatization, and more in this week’s Briefing.
CITS wins duty-free concession at Beijing Capital Airport
07/05/2017|7:17:46 PM|
CITS subsidiary China Duty Free Group has won duty free concession at Beijing Capital Airport for the next eight years. The company is to acquire a 51% stake in Sunrise Duty Free.
CITS nets 20% more profit in 2016
05/05/2017|1:51:32 PM|
CITS Group posted operating revenue of RMB 22.39 billion in 2016, up by 5.16%. Net profit last year climbed 20.07%. Operating revenue grew 10.54% in the first quarter of 2017 while net profit for the period rose 5.83%.
TravelersBox gears up for its foray into China
05/04/2017|10:31:49 AM|
TravelersBox operates kiosks at airports that allow travelers to convert their leftover foreign currency into digital money. The company hopes the Chinese travelers, too, will like the idea.
Hainan records US$2.2 billion in sales during 4 year duty free policy
05/08/2015|10:59:15 AM|
Duty free stores in Sanya and Haikou have accumulated total sales of RMB13.474 billion in the past four years of a duty free policy.
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