Search results for “development”
Luxury hotel expansion filters down to second-tier cities amid market slowdown
02/03/2015|11:36:17 AM|
Increasing globalization and economic prosperity in second-tier cities Chengdu and Wuhan has spurred demand for luxury services, especially hotels.
Guangzhou to test car hire service
02/02/2015|5:59:30 PM|
Guangzhou will introduce trial run of hire carsto alleviate chronic taxi shortage and offer an alternative model to curbside hailing.
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.
Qunar vies for market share with startups in open platform scheme
01/05/2015|2:50:43 PM|
Qunar is aggressively recruiting startups in a bid to counter strong competition and secure a corner on the market.
Carpool app Tiantian Yongche raises US$10 million
01/29/2015|8:35:53 AM|
Tiantian Yongche has raised US$10 million in its Series B following a US$3 million Series A funding in June 2014.
Sabre is ready to spend $500M, and Abacus is a likely target
01/29/2015|8:14:35 AM|
Sabre said in a financial filing this week that it was considering an acquisition to the tune of half-a-billion dollars during the next two months.
Tempus Global acquires leading Chongqing travel company
01/06/2015|2:16:08 PM|
Tempus Global will inject RMB55 million capital in subsidiary Chongqing Tempus Air Service to acquire 60% holding in Chongqing Xinganxian Travel.
China Lodging Group sharpens portfolio strategy, targets network expansion
01/04/2015|2:56:49 PM|
ChinaTravelNews assesses how China Lodging Group is planning to strengthen its network as well as direct sales capability, which currently accounts for 90% of its bookings.
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