Search results for “Investment”
Rosedale Hotels makes roundabout acquisition of Lizhou Hotel
01/07/2015|11:21:20 AM|
Rosedale Hotels is negotiating a 51% acquisition of Jinfa Holdings with a HK$75 million loan to its owners to develop Zhuhai Lizhou Resort Hotel.
Club Med plans seven new Chinese resorts after Fosun’s acquisition
01/06/2015|2:55:17 PM|
Club Med plans to add seven resorts in China by 2020 following its sale to Fosun at EUR24.6 per share.
PMS vendor BeyondHost raises US$10 million
01/07/2015|6:32:24 PM|
Shanghai based PMS BeyondHost raised US$10 million in its Series A financing.
Expedia sees a bright future in China
02/01/2016|11:41:47 AM|
Expedia has a two-fold approach for each and every market. Firstly, building own brands organically and secondly, partnering with strong local brands. Currently,the company is looking at optimizing marketing mix, looking at new payment options other than Alipay and also sharpening hotel content via contracting as well as tie-ups with local OTAs.
Didi Kuaidi teams up with China Merchants Bank for mobile payment and strategic funding
01/28/2016|11:46:27 AM|
Didi has formed a strategic partnership with China Merchants Bank, enabling the 14 million Didi drivers to obtain loans from CMB. CMB will also make a strategic investment of an undisclosed sum in Didi.
Kuaididache fills war chest for impending battle
12/31/2014|2:57:19 PM|
Kuaididache boosted its market valuation to US$4 billion following the completion of the round D financing that raised close to US$800 million.
eLong reports 94% growth in domestic hotel network in Q3 2015
11/19/2015|2:08:43 PM|
Net revenues for the third quarter increased 2% to RMB307.2 million (US$48.3 million), compared to RMB301.5 million in the third quarter of 2014.
CYTS Shanshui Hotel cleared for New Third Board listing
01/19/2016|7:01:26 PM|
Shenzhen CYTS Shanshui Hotel has received approval to list on the New Third Board. Its Parent company CYTS will invest RMB51 million for a 51% stake.
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