Search results for “HOTELS magazine”
Hotel conglomerate Jin Jiang consolidates China units
05/26/2020|12:04:03 AM|
Jin Jiang has accelerated its international expansion through mergers and acquisitions since 2015, acquiring Louvre Group, Plateno Group, Vienna Hotels Group and Radisson Hotels.
Annual wrap-up: 12 major travel news events in 2019
12/26/2019|4:42:58 PM|
Buoyed by technological innovations and transformation in consumer demands, the travel sector has soared despite turbulence in the year.
ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017|2:15:13 PM|
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017|8:49:20 PM|
As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.
Jin Jiang Hotels' net profit drops 12.4% in 2016
03/31/2017|6:45:07 PM|
Jin Jiang International Hotels Group reported sales revenue of RMB 17 billion, up by 39.5% YoY. Operating profit amounted to RMB 2.1 billion, 8.0% more than previous year.
Hilton recognized as top employer in China by Universum
07/20/2016|4:02:51 PM|
Hilton Worldwide has been hailed by Universum as one of China's Most Attractive Employers for the fourth consecutive year.
Korean online booking site for Chinese Zaiseoul raises US$3 million
09/21/2015|6:48:54 AM|
Zaiseoul, a Korean tourism service for Chinese visitors, announced it received US$3 million from Korea-based NICE Group in a Series A financing round.
Plateno in top 10 of authoritative HOTELS’s global ranking
09/16/2015|10:56:20 PM|
Intercontinental Hotels and Resorts has been unseated by Hilton Worldwide Hotels after a few years in the top rank.
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