Chinese state-owned company is prepared to take over a 49% stake in a troubled Serbian company.
The sale will help HNA Technology, a listed arm of the group, to repay the principal and interest on M&A loans and related debt.
How much investment flows back into travel and hospitality startups next year will depend in large part on how much people trust and take the vaccine.
The Macau government holds 21.5% of the airline, with Air China’s holding almost 67%.
HNA Technology acquired 100% shares of Ingram Micro in December 2016 for USD 5.98 billion, the majority of which was borrowed money from banks.
Yanolja said it had brought online the largest share of domestic accommodation of any online booking agency in South Korea.
Huazhu expects net revenues to grow by 0%-3% year-over-year for the fourth quarter.
RevPAR was down by 19.8% year-over-year.
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