Search results for “operators”
The game of hotel contracting – are foreign OTAs playing it right?
01/30/2016|11:43:47 AM|
Domestic OTAs have massive lead over their counterparts from abroad in hotel business, be in terms of geographical coverage, number of properties, and volume of business.
Fantasia Group acquires Morning Star Group to embark on tourism
12/29/2015|11:14:06 PM|
Chinese conglomerate Fantasia Group announced on December 24 the full acquisition of Morning Star Group Limited a HK travel company.
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.
CNTA: Chinese investors rushing to invest in Europe
01/29/2016|10:01:47 AM|
The full-on collaboration between the travel sectors of China and Europe has turned Europe into a “gold-rush” market for Chinese travel enterprises, which has been making diversified investment overseas.
UTour might acquire Huayuan for in-depth cooperation with Ctrip
01/27/2016|5:58:51 PM|
UTour might take full control of Huayuan and carry out in-depth cooperation with Ctrip on vacation tours. This might be the largest merger ever in the vacation tourism sector of China.
UCAR on track to list in China within a year
12/22/2015|9:37:22 PM|
UCAR has not officially released an IPO timetable yet but it could find a shortcut to either through a shell company or the New Third Board to make a A share listing.
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.
CITS enters JV to develop tourism retail overseas
12/18/2015|9:47:29 PM|
CITS and a subsidiary have joined hands with four other Chinese outbound tour operators to set up China Overseas Tourism Investment Management Co.
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