Search results for “operators”
Jinjiang Group acquires Louvre Group in bid to expand to Europe
01/23/2015|3:21:01 PM|
Jinjiang Holdings acquired France’s Louvre Group, estimated at EUR1.25-1.5 billion, and will fully integrate the two hotel groups.
China Lodging Group sharpens portfolio strategy, targets network expansion
01/04/2015|2:56:49 PM|
ChinaTravelNews assesses how China Lodging Group is planning to strengthen its network as well as direct sales capability, which currently accounts for 90% of its bookings.
Wanda Tourism sees excellent growth in subsidiaries
12/17/2014|10:24:28 AM|
Wanda Group’s tourism subsidiaries reported RMB1.71 billion revenues, equivalent to 24% of this year's annual revenue goal of RMB 7.125 billion.
Thrifty Spring Airlines makes A share IPO
01/21/2015|8:43:48 AM|
Spring Airlines CEO said it did not intend to include strategic or financial investors in the IPO but was willing to let employees share in dividends from company growth.
Qunar invests in Travelling Bestone
12/26/2014|9:37:06 AM|
Qunar’s largest investment yet is in China’s largest travel agency chain, Travelling Bestone.
Atour Hotel raises US$30 million for innovative expansion
01/19/2015|9:07:54 PM|
Atour Hotel will accelerate its expansion in China and abroad as well as set up an experiential user community with the latest funding.
Hotels in China need to embrace cloud based offerings in distribution technology
01/19/2015|8:47:30 AM|
The mindset of hoteliers in China is changing towards integrated solutions with one source of data flowing in real time between systems improving distribution efficiency and enhancing the guest experience through the booking process.
China’s hotels register 58.31% AOR in Q3
12/30/2014|5:24:39 PM|
China’s star-rated hotels had total revenues of RMB54.816 billion at average occupancy rate (AOR) of 58.31% in Q3 of 2014.
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