Posted by: Sijia Xie on Sep 03 2010

Southeastern China's Yunnan Province generated RMB 41.5 billion in revenues from tourism in the first half of 2010, up 13.2% year-on-year, hexun.com reported September 1. The province recorded RMB 37.89 billion in revenues from domestic tourists, up 13.6% year-on-year, while international travel receipts expanded 12.2% year-on-year to $537 million, the report said...

Posted by: Sijia Xie on Sep 03 2010

Tencent (0700.HK) has released a travel services channel at go.qq.com, qoocu.com reported September 2. Tencent Travel offers flight information and reservation services and hotel booking services for a network of 12,000 hotels across nearly 500 cities, according to the report...

Posted by: Sarah Wu on Aug 24 2010

Alibaba's consumer-focused e-commerce site Taobao.com plans to launch an e-commerce-focused recruitment platform at zhaopin.taobao.com on August 30, hosting job postings for store managers, client service staff, models and logistics workers, DoNews reported August 24 citing an unnamed company executive...

Posted by: Sijia Xie on Aug 18 2010

Air China (0753.HK, 601111.SH) expects its direct ticket sales channels, including online booking and telephone sales, to generate RMB 6 billion in 2010, representing more than 10% of the company's expected total ticket sales, Beijing Business Today reported quoting company Vice President Zhang Lan on August 17...

Posted by: Sijia Xie on Aug 18 2010

Shanghai Jin Jiang International Hotels' (2006.HK) subsidiary Jin Jiang International Hotels Development (600754.SH) expects revenues to increase 27.68% to RMB 1.11 billion in the first half of 2010, while it expects net income to grow 16.15% to RMB 231 million in the period, the company announced August 17.

Jin Jiang International Hotels Development saw net income in 2009 rise 2.85% year-on-year to RMB 280.99 million from revenues of RMB 782.36 million, down 1.42% year-on-year.

Posted by: Emily Alitto on Aug 17 2010

Online travel services provider eLong (Nasdaq:LONG) recorded net income of RMB 9.35 million in the second quarter of 2010, or RMB 0.36 per diluted American depository share, compared with RMB 9.46 million in the same period last year and RMB 5.94 million in the previous quarter, according to a company announcement on August 17...

Posted by: Tom Telford on Aug 16 2010

Shanghai Jin Jiang International Hotels (2006.HK) will acquire a 38.54% stake in Jin Jiang International Industrial Investment (600650.SH, 900914.SH) and 50.21% of Shanghai Jin Jiang International Travel (900929.SH) from parent company Jin Jiang International Holdings for RMB 772.91 million in cash and 1 billion new shares, the Hong Kong-listed company announced August 16...

Posted by: Sijia Xie on Aug 16 2010

Chinese airlines reported a 21% year-on-year increase in July passenger volumes to 25.47 million, China Business News reported August 16. Average seat occupancy among Chinese airlines was 83.6%, up 6.8 percentage points from July last year, the report said...

Posted by: Emily Alitto on Aug 13 2010

Domestic advertising agency Charm Communications (Nasdaq:CHRM) has secured agreements with a number of domestic and international media firms to offer a service promoting Chinese tourist destinations, the company announced August 13...

Posted by: Tom Telford on Aug 12 2010

7 Days Group Holdings (NYSE:SVN) booked net income of RMB 30.16 million, or RMB 0.61 per diluted American depository share, in the second quarter of 2010, compared up from RMB 5.72 million the previous quarter and compared with a net loss of RMB 6.23 million in the same period last year, the company reported August 12...

Posted by: Emily Alitto on Aug 11 2010

Home Inns & Hotels Management (Nasdaq:HMIN) made a net income of RMB 135.84 million ($20.03 million), or RMB 1.59 ($0.23) per diluted share, compared to RMB 46.05 million in the in the previous quarter and RMB 100.43 million from the year-ago period, the company announced August 11...

Posted by: Tom Telford on Aug 10 2010

Online travel services provider Ctrip.com International (Nasdaq:CTRP) saw net income grow 48% year-on-year and 24% quarter-on-quarter to $34.68 million in the second quarter of 2010, or $0.23 per American depository share, the company reported August 10...

Posted by: Kiki.yang on Aug 09 2010

Jilin-based economy hotel chain Star Moon Fashion Inn plans to privately raise RMB 50 million for the construction of 10 new hotels in Changchun, Jilin Province, Shenyang, Liaoning Province and Harbin, Hei Long Jiang Province, reports China Securities August 9 citing a company announcement...

Posted by: Tom Telford on Jul 30 2010

China Lodging Group (Nasdaq:HTHT) , operator of Shanghai-based economy hotel chains Hanting Express Hotel, Hanting Seasons Hotel and Hanting Inn, made net income of RMB 79.7 million, compared with RMB 27.9 million in the same period last year and RMB 12.4 million in the first quarter, the company announced July 29...

Posted by: Sijia Xie on Jul 16 2010

Tourism in China generated an estimated RMB 750 billion in revenues in the first half of 2010, up 19% annually, the National Tourism Administration announced July 15. The number of tourists traveling within China in the first half of the year rose 8.6% annually to an estimated 1.1 billion, the number of people entering the country during the period was up 5.5% year-on-year to 65.5 million and the number of travelers leaving the country in the six months increased 19% annually to 12.4 million, according to the reported estimates...