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HNA Group makes 40 million euro acquisition offer to FRAM Group
10/15/2015|3:30:14 PM|
HNA Group has made a firm offer to acquire the FRAM Group at a reported fixed price of 40 million euros.
Quarterly room nights exceed 11 million in new record for eLong in Q2 2015
08/04/2015|8:51:17 PM|
eLong is well positioned with a strong leadership team, significant customer base, and adequate cash balance, according to its CEO.
LY.com gains access to Taiwan tours through Nantong Huihuang Travel acquisition
10/30/2015|10:23:02 PM|
LY.com has announced it has acquired a majority stake of Nantong Huihuang Travel for an undisclosed sum and gains access to Taiwan tour operations .
China purchases 130 aircraft from Airbus during Merkel’s visit
10/30/2015|2:54:45 PM|
China signed an order with Airbus worth US$9.7 billion for 100 A320 aircraft during the talks between German Chancellor Angela Merkel and Chinese Premier Li Keqiang.
Construction boom continues despite operating losses for 70% of China’s airports
10/29/2015|10:25:04 PM|
Zhejiang province has committed a total of RMB8 billion for airport development 11 cities in the province before 2020.
Alibaba investor Softbank sets up OTA targeting Chinese visitors to Japan
10/29/2015|10:24:32 PM|
Softbank has set up an inbound tourism OTA that will be launched on Alitrip, Chinese ecommerce giant Alibaba’s travel platform, on November 11.
Uber China boosts value to US8 billion as HNA Group joins its investor camp
10/10/2015|10:26:36 PM|
HNA Group has joined Uber China’s investors to help boost Uber China’s valuation to nearly US$8 billion, according to media reports.
Qunar enter JV with BTG Hotels and partnership with Starwood
09/29/2015|11:03:40 AM|
Qunar is making moves into the high-end hotel market with a JV - BTG Lohas Cultural Tourism Investment Company and a partnership with Starwood.
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