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Search results for “currency depreciation”
Devalued ruble boosts Chinese visitor numbers to Russia
12/17/2015
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12:51:54 PM
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Depreciation of the Russian ruble leading to 20% drop in overall prices of Russia’s tourism products this yearand a significant increase in Chinese tourists to Russia.
Despite headwind, Qunar triples its mobile revenue, bets on merchant model
08/26/2015
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8:51:34 AM
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Qunar has said that it is “closing the gap” with market leader Ctrip and that leisure travel in China is “immune” to the recent slowdown in the country’s growth.
Air China first-half net income increases on lower fuel prices
08/28/2015
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10:00:55 AM
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Air China said first-half profit soared with net income up 4.19 billion yuan from 510.4 million yuan a year earlier after lower fuel prices reduced costs.
China's luxury consumer price index falls for 1st time in 8 years
07/29/2015
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4:14:18 PM
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The Hurun Luxury Consumer Price Index, an annual study that gauges levels of top-end individual spending in China, has contracted for the first time in eight years.
Chinese youth drive surge in overseas travel
07/17/2015
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3:55:14 PM
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The Chinese International Travel Monitor, released by Hotels.com LP, said last year more than 107 million Chinese made outbound trips, a 20% rise on 2013.
Chinese car rental companies need to explore supplementary distribution avenues
07/21/2015
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9:39:22 PM
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Car rental operators in China are looking at strengthening their distribution mix and related technology expertise as they target newer ways of revenue generation.
Chinese hotel groups get ready for new battles
05/15/2015
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10:51:45 PM
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Chinese hotels are under pressure, with wobbling RevPAR adversely impacting the overall profitability in Q1.
China becomes Australia’s largest visitor source market
04/07/2015
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9:45:06 AM
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China is now the largest international visitor source market for Australia, contributing to 18% of the total overseas visitors’ expenditure.
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