MGM Resorts International can be an important partner for the strategic shareholder’s future internationalization efforts, especially in outbound consumer services to the U.S. and Japan.
The company claimed to have served 185 million middle and high-end business travelers this year.
RestHour primarily serves hotels and home-share providers in top-tier cities that have to deal with a huge visitor flow.
New Century Senbo offers short-distance vacations near cities to the Chinese middle-class consumers.
The grants were used to fund opera performances, purchase facilities for cultural centers in rural areas, and support a variety of tourism projects in poverty-stricken regions.
Lumous has established partnerships with 70% of China’s top ten hotel brands including Jinjiang Hotels and BTG Homeinns.
Last month, Guangzhilv announced that it will acquire Shanghai Shenshen International Travel Service to set up its eastern destination-service system.
Other than the capital investment, the two companies vowed to strengthen their cooperation in product, technology, membership, central reservation and platform construction.
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