Chinese Government Limits Price Markups At Travel Spots

China's State Development and Reform Commission has issued a new circular, requiring all scenic spots to publish their new prices two months in advance if they make adjustments, and they should maintain the new prices for at least three years.

Renaissance Yangtze GM Wins Award

Renaissance Yangtze Shanghai Hotel's General Manager, Rauf Malik, has recently received the "Best General Manager 2006 Award" from Shanghai Jinjiang International Hotels in acknowledgment of his outstanding managerial performance in 2006. Since his arrival one year ago, Malik has achieved a full turnaround for the hotel resulting in higher profits and overall greater employee and […]

Differentiating Hotel Brands To Build Better Business

Subtle differentiation is a growing concern among hoteliers in China as they compete for guests and employees in burgeoning and competitive markets. Shenzhen has dozens of top hotels, so advocating special features is a must for hotels who hope to survive in this market.

Chinese Online Travel Company Posts Impressive Results

Chinese online travel service provider Ctrip.com says its net revenues were RMB226 million for the fourth quarter of 2006, up 45% year-on-year. It made the finiancial statements as it announced its unaudited financial results for the fourth quarter and full year ended December 31, 2006.

New Century Tourism Group Plans Listing

Chen Miaolin, president of New Century Tourism Troup, says that its subsidiary New Century International Hotel Management Company would get listed on a China exchange in 2008 to raise about RMB800-900 million.