Ctrip.com International Ltd, a top company providing travel service in China, stated on Aug. 15 that its second season net profit rose 33% year on year, reporting total revenues of 508 million yuan, respectively with hotel reservation revenues up to 227 million yuan. This represents a 16 percent increase year-on-year, and a 21 percent increase season to season. Air-ticketing revenues were 222 million yuan, a 32 percent year-on-year growth, and a 20 percent increase quarter to quarter; packaged-tour revenues were 36 million Read more…

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China, company, economy, profit, season, travel

As a senior railway official said on March 24, 2009,  the two high-speed railways that opened on April 1 amazingly shortened the travel time between the hinterland and the coastal areas.

The Hefei-Wuhan passenger railway and the Hefei-Nanjing lines, which opened last year offered the shortest link between Central China and Yangtze River Delta region of East China. Both of them last over 350km. Read more…

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China, economy, official, passenger, rails, travel

Tourism insiders once suggested that the companies involved in travel industry should become more aware of the importance in business of travel management for the industry keeps developing.

According to statistics released by leading tourism management company CITS- American Express Business Travel, China is one of the largest business travel markets in the world.

As travel helps organizations develop and expand by building relationships, it has become an essential and critical part of operations in business in today’s fast-changing business world.

Companies need to have broader insight on factors such as business imperatives, external environment impacting corporate travel, marketability of their travel program and key areas causing Read more…

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affect, development, factor, industry, travel