Search results for “profitability”
Spring Airlines partners with Sun Frontier to setup hotel JV in Japan
10/29/2015|5:53:42 PM|
Spring Airlines will invest over 20 billion yen in a joint venture with Sun Frontier to develop a network of the “Spring Sunny Hotels” in popular Japanese destinations.
Yuyuan Tourist Mart acquires Hoshino Resorts Tomamu
11/11/2015|5:43:39 PM|
Shanghai-based Yuyuan Tourist Mart announced that it will wholly acquire Hokkaido ski resort Hoshino Resorts Tomamu for 18.358 billion yen.
Challenges ahead as CITS and HKCTS set to merge
11/09/2015|5:53:43 PM|
The merger of two leading Chinese tour operators, CITS and HKCTS, is greeted with cautious optimism by industry observers..
Wanda Group takes on Disney in ambitious cultural tourism plans
10/05/2015|10:30:59 PM|
Wanda Group’s chairman Jianlin Wang has an ambitious plan to make tourism a key pillar of profitability for the group.
LY.com announces JV with Japan’s HIS
11/06/2015|9:36:24 AM|
Chinese OTA LY.com has announced it will set up a joint venture with Japanese tour operator HIS to focus on consolidating and procuring local tourism resources in Japan.
Shenzhen Airport gets US$1.76 billion for expansion in bid to become international hub
11/04/2015|2:18:04 PM|
Shenzhen Airport plans to double international routes and expects its passenger throughput on international and regional routes to exceed 5.5 million trips by 2020.
UCAR and Edaijia team up to secure their corner of the ride-hire segment
10/16/2015|11:55:25 AM|
CAR Inc’s UCAR has formed a strategic partnership with driver-hire platform Edaijia to share resources and secure the ride-share market.
Wanda reportedly mulling 1.2 billion euro acquisition of Spanish beach resort
11/30/2015|12:30:26 AM|
Chinese property developer giant Wanda Group is reportedly in talks to acquire a 75% stake Marina d’Or Resort in Spain’s Castellon province for €1.2bn.
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