Search results for “investment”
LY Group set up to consolidate subsidiaries
01/27/2015|10:54:56 PM|
LY.com's application to form an umbrella LY Tourism Group with registered capital of RMB100 million.
Chinese investors eye NZ’s growing tourism and services market
01/12/2015|4:00:23 PM|
“The increase in Chinese tourists is giving Chinese companies the impetus to invest in New Zealand especially in the hotel industry”
Amadeus reports financial results for full year 2015
02/26/2016|12:45:51 AM|
In its latest report on financial results for full year 2015, Amadeus had its total air travel agency bookings rose 8.3%, to 505.0 million.
Wanda Tourism has US$1.2 billion revenue in 2014
01/20/2015|9:22:02 AM|
Wanda group’s transformation and upgrading has been successful with the growth in its cultural and tourism business revenue surpassing its real estate business.
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.
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.
PMS vendor BeyondHost raises US$10 million
01/07/2015|6:32:24 PM|
Shanghai based PMS BeyondHost raised US$10 million in its Series A financing.
Expedia sees a bright future in China
02/01/2016|11:41:47 AM|
Expedia has a two-fold approach for each and every market. Firstly, building own brands organically and secondly, partnering with strong local brands. Currently,the company is looking at optimizing marketing mix, looking at new payment options other than Alipay and also sharpening hotel content via contracting as well as tie-ups with local OTAs.
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