Search results for “Business”
Plateno and Jin Jiang target Starwood for acquisition after merger
07/16/2015|9:43:33 PM|
An Starwood acquisition would mean China will have the largest global hotel group in the world pioneered by the upcoming Jin Jiang-Plateno merger.
Six Chinese high-end hotel groups form China Hotel Alliance
07/07/2015|6:05:16 PM|
The “China Hotel Alliance” was officially formed on July 6, comprising six major high end Chinese hotel groups.
CAAC vows reform to stamp out endemic corruption in flight approval process
07/31/2015|8:58:37 PM|
CAAC is adopting a registration system for air routes, instead of the discretionary approval process that has fueled corruption among China’s aviation authorities.
Qunar and Traveling Bestone jointly launch flagship store
07/06/2015|6:45:49 PM|
Traveling Bestone is launching a joint O2O flagship store with Qunar, to be uploaded on the Qunar app, marking their start of synergistic partnership deal.
Sabre bolsters Asia-Pacific team with two new appointments
06/24/2015|10:58:15 AM|
Sabre strengthens regional team in preparation of Abacus takeover and to highlight importance of North Asia and China markets
Utour acquires 54% stake in Oceania tourism startup Xtx6
07/28/2015|2:34:19 PM|
Utour is taking a 54% stake in Oceania travel wholesaler Xtx6 to tap the potential of the Oceania region and bring long-term benefits to overall profitability.
Facing economic slowdown China’s hotels under pressure to reform
07/28/2015|2:33:52 PM|
China’s hotel industry is at a crossroads of capitalizing on opportunities brought by explosive growth in the tourism sector while overcoming economic challenges.
Weekend trip platform Duzhoumo raises US$20 million
07/27/2015|2:36:17 PM|
Duzhoumo has received funding of US$20 million in the A Series financing round. The investment is led by Legend Capital and participated by Banyan Capital.
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