Ctrip Reports Increased Online Travel Income, Expects Slower China Growth
Chinese Internet travel website Ctrip.com posted its unaudited financial results for the quarter ended June 30, 2008 and said net revenues were CNY375 million, up 30% year-on-year, but the company only expects third quarter growth to be in the range of 15-20%.
China's First Days Inn Business Place Now Open In Yinchuan
Days Inn China has unveiled the first of four Business Place Hotels currently underway, and the first of many more in the planning stages.
New Serviced Apartments Brand Comes To Beijing
The Shama Group has launched its first Beijing serviced apartment property, Shama Luxe Chang An.
Wujiang Wudu Hotel Intends To Sell
The Wujiang Wudu Hotel intends to sell 100% of its shares for CNY71 million.
Crowne Plaza Century Park Shanghai Officially Opens
InterContinental Hotels Group has announced the opening of the Crowne Plaza Century Park Shanghai.
Ctrip.com's Revenue Drops On Consecutive Quarters
Chinese Internet travel website Ctrip.com says it had total revenues of RMB367 million, representing a 47% increase from the same period in 2007 but a 4% decrease from the previous quarter, as it announced results for the quarter ended March 31, 2008.
Ambassador Hotel Opens In Shanghai
The Ambassador Hotel Shanghai owned by Shanghai Jilin Industrial Company Limited and managed by Guangdong (International) Hotel Management Holdings Limited has opened in Shanghai.
Air China Opens Internet Check-in Service In Hong Kong
The official website for Air China has opened its online check-in service in Hong Kong.