Search results for “Acquisition”
Hotel giant Huazhu Group changes CFO
04/28/2021|10:48:15 PM|
Mr. Teo Nee Chuan will resign as CFO for "personal reasons", effective May 10, while chief compliance officer Ms. Hui Chen will take over the position.
Chinese hotel giant Huazhu reaps 15% of annual revenue from overseas unit
04/25/2021|5:55:27 PM|
As of last year, Huazhu still held USD 897 million worth of investments in companies including Accor (USD 593 million) and OYO (USD 10 million).
OTA rolls out travel marketing hub; Alibaba, Hilton integrate membership | Weekly Review
04/04/2021|11:24:18 PM|
TravelSky net profit plunges 85% in 2020; Tongcheng-Elong acquires a corporate travel firm.
Major Chinese OTA Tongcheng-Elong sees "continuing robust recovery trend" in Q4
03/23/2021|5:55:54 PM|
The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.
OTA rolls out travel marketing hub; Fosun relaunches Cook’s Club in UK | Daily Brief
04/01/2021|11:08:59 PM|
Singapore, China are discussing travel resumption; Hong Kong’s travel bubble hopes for Singapore, Australia depend on pandemic control, vaccination.
Alibaba, Hilton integrate membership; Chinese OTA buys corporate travel firm | Daily Brief
03/29/2021|9:24:46 PM|
Hong Kong to ease social-distancing, push for travel bubbles to speed up mass vaccination; U.S. lawmakers ask Biden to make travel easier from Taiwan.
Hotel giant seeks "innovative structure, approach" in upscale expansion
03/25/2021|11:08:22 PM|
Huazhu's target is to reach 10,000 - 15,000 hotels in the next five years and the majority of them will still be midscale or economy hotels.
TikTok's China app pilots group buying; Tencent invests in travel firm | Weekly Review
03/07/2021|3:18:22 PM|
OTA giant sees content as a new growth driver, rolls out a three-step strategy; Chinese lawmakers, advisors suggest issuing vaccine passports.
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