Lijiang Travel Company clarified that ticket price increase has not been approved

Lijiang Travel Company clarified rumors over the supposed ticket price increase on Feb, 29, 2012. This was in response to some media reports stating that the company is “raising ticket prices after the company adjustment in 2012”.

Lijiang Travel Company expressed that they have applied for the price of the Yulong snowberg cableway ticket to increase to 200 yuan per person from the present ticket price of 150 yuan. However, the application has not yet been approved.

Lijiang Travel Company noted that if the application were to be approved, their income would increase by 26 million yuan and with a clear profit of 20 million yuan.