Ctrip revenue surges in 2016

February 24, 2017 by  
Filed under News, North Asia

SHANGHAI, 24 February 2017: Ctrip’s net revenue for its fiscal year 2016 reached RMB19.2 billion (USD2.8 billion) a massive 76% increase over 2015.

Ctrip.com International, a leading travel provider headquartered in China announced, Thursday, its unaudited financial results for the full year ending 31 December 2016.

Despite the massive increases in net revenue, the company reported a full year a loss from operations of RMB1.6 billion (USD226 million), compared to income from operations of RMB381 million in 2015. Read more

Travel to Japan booms

February 24, 2017 by  
Filed under News, North Asia, Trade Talk

TOKYO, 24 February 2017: The Japan National Tourism Organisation reports visitors to Japan reached 24.04 million during 2016.

This represents the largest on record since JNTO started to keep statistics in 1964.

Over the last three years, visits have grown 2.4 times. Read more

HK Express celebrates best year

February 22, 2017 by  
Filed under Aviation, News, North Asia

HONG KONG, 22 February 2017: HK Express recorded expansion and a healthy performance during 2016 as it builds traffic on  eight new routes in Asia including three in the Mekong Region – Nha Trang, Vietnam, Yangon in Myanmar and Chiang Rai in Thailand.

Flights were also launched to Ishigaki, Takamatsu, Kagoshima, Hualien and Guam.

The airline reported it also introduced its first Airbus 320neo aircraft in late 2016 and launched a new U-Biz corporate programme, as well as becoming a founding-member of the U-FLY Alliance. Read more

New rides lift HKDL revenue

February 21, 2017 by  
Filed under News, North Asia

HONG KONG, 21 February 2017: Hong Kong Disneyland Resort reported, Monday, it welcomed more than 6.1 million visitors and a record high per capita spend at the park during 2016.

Gate performance details emerged as part of its financial report for 2016 that saw the theme park’s earnings reach HKD4.8 billion, but with a net loss of HKD171 million. Earnings before deductions, taxes, depreciation and amortization reached HKD715 million.

Since it opened in 2005, the park has welcomed 64 million guests. Spend during 2016 recorded the seventh consecutive year of growth. Read more

St Regis debuts in Changsha

February 17, 2017 by  
Filed under Hospitality, News, North Asia

CHANGSHA, CHINA, 17 February 2017: St Regis Hotels & Resorts opened  St Regis Changsha, Thursday, its eighth hotel in Greater China.

The St Regis brand also confirmed it will debut St Regis Shanghai Jing’an later this year, as well as four additional hotels in Greater China’s gateway cities and leisure destinations over the next five years.

“The St Regis Changsha represents yet another compelling milestone for the brand as we grow our portfolio of luxury hotels in the Greater China region,” said Marriott International Greater China chief executive officer, Stephen Ho. Read more

Bird flu tally rises in China

February 17, 2017 by  
Filed under News, North Asia

BEIJING, 17 February 2017: China is experiencing its deadliest outbreak of the H7N9 bird-flu strain since it first appeared in humans in 2013, killing 79 people in January alone and spurring several cities to suspend live poultry trade.

The National Health and Family Planning Commission said on Wednesday that by the end of January a total of 100 people had died in the current bird flu season, which commonly emerges in winter and continues into the spring.

The 79 deaths in China last month compared to just five in January 2016, according to the commission. Read more

Hotel group in hot water again

February 16, 2017 by  
Filed under News, North Asia

TOKYO, 16 February 2017: The operator of a Japanese hotel chain already in hot water for denying a Japanese World War II atrocity has come under fire for reported anti-Semitic remarks.

Toshio Motoya is CEO of APA Group, which calls itself Japan’s largest hotel chain, and has drawn China criticism for writing a book denying the 1937 Nanjing massacre happened and placing the book in hundreds of APA hotel rooms.

The group also runs 40 hotels in North America and its February edition of an in-house magazine for guests staying at its Canada properties contained the anti-Semitic remarks. Read more

Asians are the travellers to watch

February 9, 2017 by  
Filed under News, North Asia

SHANGHAI, 9 February 2017: The 2017 Travelzoo Travel Trends Report released, Wednesday, by global travel deals publisher Travelzoo reveals that, despite a turbulent 2016, Asian tourists plan to travel overseas more and spend more time on in-depth exploration trips to safe destinations in 2017.

According to the trend report, when asked about 2017 travel, 70% of Chinese respondents said they will travel overseas two times, or more, an increase of almost 10% compared to the same period last year.

Nearly 30% of respondents in Hong Kong plan to travel four times, or more, which is an increase of 5% over the same period last year. Read more

Lotte halts China project

February 9, 2017 by  
Filed under News, North Asia

BEIJING, 9 February 2017: A South Korean conglomerate has been forced by Chinese authorities to suspend a multi-billion-dollar theme park project, as tensions grow over the deployment of a US missile defence system.

The plan by Seoul and Washington to install the Terminal High Altitude Area Defense (THAAD) system in response to threats from North Korea has drawn fire from China, which fears it will undermine its own ballistic capabilities.

Seoul has earmarked a golf course in the southern county of Seongju owned by the Lotte Group, a food, retail and hotel operator that is South Korea’s fifth-largest conglomerate, for the THAAD system. It has offered it a plot of military-owned land east of the capital in exchange. Read more

NokScoot daily to Taipei

February 7, 2017 by  
Filed under Aviation, News, North Asia

BANGKOK, 7 February 2017: NokScoot will increase flights from Bangkok to Taipei Taoyuan  from five weekly to a daily starting 26 March.

The airline is due to add its fifth flight on Saturdays 18 February using a Boeing 777.

However, starting, 26 March, Bangkok – Taipei Taoyuan service will increase to daily to serve an increase in bookings for the destination. Read more

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