Search results for “Shanghai”
Shui On sells Shanghai Four Seasons assets for US$102 million
04/29/2015|6:48:14 PM|
SOCAM Development of the Shui On Group sold 131 units with parking of the Shanghai Pudong Four Seasons Hotel and Four Seasons Apartments.
Jin Jiang forms WeHotel network, speculated to break OTA stranglehold
12/08/2016|11:52:56 AM|
State-owned Jin Jiang plans to build WeHotel loyalty to tap the vast collective customer bases of all subsidiary brands including Jin Jiang, Louvre Hotels, Plateno and Vienna Hotels.
Disney CEO welcomes “two-child policy” as boon for Disney parks
11/03/2015|10:14:33 PM|
Walt Disney’s CEO Robert Iger said China’s new “two-child policy” would be a boon to the tourism industry as more children going to its theme parks.
Spring Airlines profit leaps 83% in Q1-Q3 of 2015
11/03/2015|10:17:20 PM|
Spring Airlines saw 13% increase in revenue in the first three quarters of this year, to RMB6.325 billion, and net profit attributable to shareholders skyrocketed 83% to RMB1.202 billion. Basic earnings per share were RMB3.09.
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
China's top 20 travel groups collectively rake in record income
12/09/2016|3:05:30 PM|
The collective income of China’s top 20 tourism groups this year is 40% higher than last year. The rapid growth is said to be a result of capital-driven mergers and online-offline consolidations.
Airport valet parking startup FeiBoTong closes A round
11/18/2016|10:53:23 AM|
Airport valet parking service provider FeiBoTong announced that it has received millions of yuan from series A round funding.
Leo Group invests RMB 27m in ground solution provider Yuetu
11/10/2016|5:57:13 PM|
Zhejiang-based Leo Group made an investment of RMB 27 million in Yuetu for 9% holding. As a transportation solution provider, Yuetu offers basic information and guidance about train services to individual customers.
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