Search results for “development”
Plateno’s experiences from its international expansion
04/07/2017|6:57:16 PM|
Chinese hotel chain Plateno may gradually demonstrate its own strengths in the future development as an international brand and differentiate itself from other brands under the umbrella of Jin Jiang International Hotels Group.
HNA Holding cuts loss by 89.8% amid buying spree
04/26/2017|10:05:37 AM|
HNA Holding reduced annual loss by 89.8% last year while actively exploring overseas investment opportunities.
Chinese real estate firm acquires 90.5% stake in luxury travel firm A&K
05/09/2017|10:47:03 AM|
Chinese real estate and investment company Zhonghong Group announced on May 8 that it plans to acquire a 90.5% stake in luxury travel company Abercrombie & Kent (A&K) for USD 412.49 million.
SEC report: HNA Group owns 26.5% stake in Tuniu
04/18/2017|6:39:51 PM|
A recent SEC filing shows that HNA holds a 26.5% stake in Tuniu and JD.com controls a 20.6% stake in the company, as of March 31, 2017.
CITS nets 20% more profit in 2016
05/05/2017|1:51:32 PM|
CITS Group posted operating revenue of RMB 22.39 billion in 2016, up by 5.16%. Net profit last year climbed 20.07%. Operating revenue grew 10.54% in the first quarter of 2017 while net profit for the period rose 5.83%.
Shimao Property partners with Starwood Capital to create new hotel JV in China
03/30/2017|7:25:18 PM|
Chinese developer Shimao Property and global private investment firm Starwood Capital will establish a new hotel joint venture based in China. The venture will be owned 51% by Shimao and 49% by Starwood Capital.
ITB China presents: The 2017 Startup Award finalists
04/27/2017|10:02:02 AM|
Pitches and ceremony will take place on the afternoon of May 11 in the ITB China conference center.
Jin Jiang subsidiaries transfer 100% Hubs1 equity to WeHotel
04/06/2017|11:54:39 AM|
Jin Jiang Hotels announced on April 5 that the company and Jin Jiang Capital plan to transfer 100% equity interests in Hubs1 to WeHotel for a total consideration of RMB 553.08 million.
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