Search results for “Acquisition”
Fosun to snap up Thomas Cook’s Concept Hotels for European foothold
03/12/2015|4:46:31 PM|
Fosun plan to develop a new hotel chain brand for the Chinese market with Thomas Cook and acquire 220 Concept Hotels for 500 million euros.
Shiji Technologies to acquire 25 million euro stake in hotel IT company SnapShot
03/17/2015|2:28:07 PM|
Shiji Technologies will invest 25 million euros to acquire 55.45% equity, of Austrian hotel data management company SnapShot.
GZ Nansha Business Airport work set to begin in 2015
04/03/2015|4:35:39 PM|
An airport dedicated to corporate jet operations in Guangzhou’s Nansha district has been designated as a key development for the city this year.
Counting on data analytics for identifying and recognising customers
03/14/2015|2:32:02 PM|
Travel marketers are expected to capitalize on the prowess of big data and analytics. ChinaTravelNews learns how Qyer.com is approaching the same for tangible results.
Outdoor specialist Toread invests US$38 million in OTA Eyoutour
03/19/2015|9:47:27 AM|
Chinese outdoor specialist Toread will invest RMB230 million (approx: US$38 million) for 74.56% equity in OTA Eyoutour.
Metropolo Hotel spearheads Jinjiang Inn’s globalization
02/11/2015|5:17:22 PM|
Jinjiang Inn’s Metropolo Hotel brand will set a milestone for globalization in 2015, its biggest challenge now is to build a talented team to move forward.
Starwood Capital seeks Sunshine Insurance investment in hotel management company
02/09/2015|10:11:24 AM|
The high growth period for China's domestic property market has past and Chinese companies are now forced to invest in overseas real estate.
Chinese companies to invest US$5.1 billion in US hotels in 2015
02/15/2015|11:41:04 AM|
Jones Lang LaSalle (JLL) forecast that Chinese companies will invest an estimated US$5.1 billion in US hotel assets this year.
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