Search results for “stake”
Huazhu Group ranked as world’s 4th highest value hotel group
06/28/2018|10:02:03 AM|
The Chinese hotel group had a market capitalization of around USD 12.8 billion as of June 26, trailing just behind Marriott, Hilton and Accor.
OCT speculated to invest 1.176 billion yuan in Ctrip-backed Tongcheng-eLong
05/11/2018|6:13:52 PM|
An insider suspects that Wanda is selling part of its stake in Tongcheng-eLong to Overseas Chinese Town (Asia) at an overall valuation of 23 billion yuan.
ChinaTravelNews Briefing: Ctrip unveils Oasis Lab, China connects air-rail networks and more
05/18/2018|3:45:18 PM|
Ctrip replaced its incubation program with Oasis Lab for innovative initiatives, budget hotels in China revamped services and experiences for customers, CAAC & CRC announced to connect train-plane networks.
Shiji acquires majority stake in guest intelligence ReviewPro for EUR 26.36 million
01/16/2017|6:23:22 PM|
Shiji, a Chinese hotel information company partially owned by Alibaba, acquired a 79.47% stake in Spain-based hotel review company ReviewPro for EUR 26.36 million.
ChinaTravelNews Briefing: Tencent vies for railway WiFi service, Meituan denies funding and more
04/20/2018|2:48:41 PM|
Both Tencent and Alibaba are eyeing a stake in Bullet Train Networks, Ctrip joins a consortium in a bid for car rental firm eHi’s privatization, and more in this week’s Briefing.
Reputation report finds hotel facilities still the favorite review subject
04/13/2018|9:00:58 AM|
Hotel reviews left by families with children increased at the fastest rate in 2017, and hotel facilities were still most the most reviewed area by hotel guests.
Shiji’s deal with Baoku lends a new dimension to platform strategy
04/10/2018|8:01:16 AM|
In addition to knowing about consumers’ activities, Shiji is set to learn details about their business travel via Baoku’s cloud-based travel management platform.
B2B travel platform Octopus scoops $95 million, backed by Alipay’s parent
04/09/2018|1:00:44 PM|
Alipay parent company Ant Financial and CCB International are new investors, and both will participate in Octopus’s new S2B initiative.
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