Search results for “mid-range”
Breaking News: Jin Jiang to acquire 80% of Vienna Hotels for US$289 million
08/07/2015|4:28:47 PM|
Chinese hotel group Jin Jiang Hotels Group has invested RMB1.8 billion on August 6 for an 80% stake in the mid-range the Vienna Hotel Group and its restaurants.
Tuniu strengthens its trump card, unfazed by current levels of gross margin
08/25/2015|8:43:24 AM|
Tuniu has been investing aggressively post its IPO last year. One area that has stood out is the blend of sturdy product procurement and regional expansion
Huazhu Hotel's new CEO validates group's progress
08/19/2015|11:13:48 PM|
CEO Jenny Zhang is confident about HUAZHU outperforming peers in all segments in the time to come, and expansion continuing as per the plan.
Local travel startup Yikuaiqu raises US$4 million in A+ financing round
08/04/2015|5:29:36 PM|
Online local travel service Yikuaiqu announced it received RMB25 million (approx: US$4 million) in an A+ financing round.
Plateno Group restructures brand categories and plans A share listing
06/24/2015|10:06:24 AM|
Plateno Group is doing structural reorganization and brand integration and is now looking for an opportunity to make an A share listing.
Shiji Technology acquires Pegasus PMS to boost Alibaba partnership
07/03/2015|7:00:11 PM|
Shiji Technology will invest up to RMB50 million in a partnership hotel IT developer Talent's and aquired Armitage PMS Pegasus to boost Alitrip's hotel management.
Six Chinese high-end hotel groups form China Hotel Alliance
07/07/2015|6:05:16 PM|
The “China Hotel Alliance” was officially formed on July 6, comprising six major high end Chinese hotel groups.
Ten new international luxury hotels open in China in May
06/16/2015|7:45:13 AM|
Ten out of 17 hotels opened in China last May were international luxury hotels, according to the May 2015 China Hotel Industry Data Report by Meadin.com.
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