Search results for “acquisitions”
Chinese hotel groups get ready for new battles
05/15/2015|10:51:45 PM|
Chinese hotels are under pressure, with wobbling RevPAR adversely impacting the overall profitability in Q1.
A year of Investments for Ctrip
04/29/2015|11:00:04 AM|
Ctrip's Q4 2014 earnings report showed them as the biggest online travel company in China in terms of transaction value.
How Tuniu is using offline expansion to build an online hybrid platform
04/06/2015|3:19:41 PM|
Donald Yu, CEO of Tuniu, shared his thoughts on topics such as China’s online travel boom, why growth outweighs profitability in the sector and the untapped potential in lower-tiered cities.
Air China and Hainan Airlines partner with South African Airways
04/17/2015|3:18:00 PM|
SAA, Air China and Hainan Airlines are discussing a partnership to build an African aviation hub and possibily take equity in the struggling South African carrier.
Ctrip backs PMS JV Jointwisdom
03/26/2015|7:23:51 AM|
Jointwisdom formed by restructuring Ctrip subsidiary Brandwisdom and CSHIS, has been launched in Beijing.
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.
Songcheng Performing Arts acquires regional Tibetan folk opera
04/08/2015|9:25:40 AM|
Songcheng will invest RMB87 million to acquire 60% holding in famous Tibetan folk opera Jiuzhaigou County Ronzhong Erjia Cultural Productions.
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.
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