Search results for “hotel investment”
Priceline reports financial results for Q4 and FY2015
02/17/2016|10:08:34 PM|
Priceline Group today reported its 4th quarter and full-year 2015 financial results with fourth quarter gross travel bookings increasing by 13% YoY to $12.0 billion and gross profit increasing by 12% YoY to $1.9 billion for Q4.
Lackluster results for hotels in secondary Chinese cities while top-tier hotels show growth
01/08/2016|6:37:41 PM|
China’s hotels showed signs of recovery in occupancy rates in 2015，and demand for hotel accommodation will find support from tourism development, Savills reported.
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.
Joyu Group captures RMB 800 million funding to kickstart crossover of drama IP with travel and internet
02/05/2016|6:44:01 PM|
Joyu Group has gained RMB 800 million funding from a group of investors including Huace Film & TV on February 4. The deal will kickstart a new era for crossover collaboration between China’s movie and tv show giants and tourism destination operators.
Foreign OTAs – can they challenge the likes of Ctrip and Qunar?
01/29/2016|10:02:43 AM|
Domestic OTAs have been engaged in a cut-throat battle over the past few years. Foreign OTAs have room for growth, but they need to move assiduously.
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.
China gears up for a strong impression on Indian e-commerce footprint
01/09/2016|4:28:02 PM|
Ctrip’s decision to invest in MakeMyTrip is just one example of how Chinese companies, led by Alibaba, are pursuing ways to be a part of growth story in India.
Ctrip eyes new milestones: 1 trillion RMB in GMV by 2020
01/18/2016|4:28:16 PM|
After signing a spate of deals in 2015, Ctrip is eyeing a better grip of the Chinese travel e-commerce business, a complex, fragmented marketplace.
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