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
ORLANDO, 23 February 2017: Cruise bookings through Tourico Holidays increased 37% in 2016 year-on-year with an 8% increase in average transaction size.
The major growth in the wholesaler’s cruise sector was driven primarily by outbound bookings from the US, which increased by 49% year-on-year.
Canada increased its cruise bookings by 12% followed by the UK with a 10% increase and Latin America 21%. Read more
BALI, 21 February 2017: In the wake of a very challenging 2015, Bali’s average hotel occupancy increased 4% in 2016 bringing a shot of fresh air and hope, but at what cost?
The solid occupancy increases across all categories (excluding luxury) were driven by increasing foreign direct arrivals, a slowing in new hotel openings and a further slashing of rates.
Bali’s domestic market in 2016 was up 12% y-o-y to around 7.1 million and foreign arrivals also up 6% y-o-y to 4 million bringing the total to over 11 million for the first time. Read more
KOTA KINABALU, 20 February 2017: Sabah’s report card for tourist arrivals in 2016 showed an overall 7.9% increase compared to 2015.
The East Malaysia state attracted 3.427 million visitors, surpassing the ‘best year in tourism’ achieved in 2013 (3.383 million).
This is an estimated RM7.25 billion generated in tourism receipts, or an extra 10% contribution to the state economy, according to Sabah Tourism. Read more
PHNOM PENH, 17 February 2017: Cambodia Association of Travel Agents says China will soon overtake Vietnam as the main source of the country’s tourists.
But there are major concerns over capacity management and how the country’s tourist industry will cope with the acute shortage of Chinese speaking guides.
Phnom Penh Post quoted the association president, Chhay Sivlin, saying that the strengthening of relations between Cambodia and China and the government’s strategy to promote more Chinese tourist arrivals, will accelerate tourist arrivals over the next two years. Read more
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
MONTRÉAL, 17 February 2017: Air Canada’s new flight connecting Montréal and Shanghai will boost Chinese visits to the city by at least 30% this year, according to Tourisme Montréal.
The city is expecting 110,000 Chinese tourists this year, representing a 30% increase over the 84,000 who came to Montréal in 2016.
Canada’s national airline launched the route earlier this week. Read more
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
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
BANGKOK, 6 February 2017: Association of Thai Travel Agents reports a decline of 11.53% in tourism-related trips handled by its travel agency members in January logged at both Suvarnabhumi and Don Mueang airports.
ATTA reported the association’s member companies handled 433,996 travellers at the country’s two main gateways in the first month of the year compared to 490,544 visits during the same month last year.
The data, released, late last week, is based on fees member agencies pay to the two airports to provide a meet-and-greet service for international clients, but limited to travel only to Bangkok. Read more