Search results for “tourism group”
Spring Airlines plans second hotel in Japan
03/31/2016|2:00:54 PM|
Spring Airlines will leverage its Japan flights to feed customers to the impending hotel in Osaka and provide a guaranteed level of business for the hotel, instead of injecting capital into this joint project with XYMAX Group.
Jin Jiang eyes mid-range hotel market
03/09/2016|6:23:39 PM|
Leveraging capital operation, state-owned hotel giant Jin Jiang is poised to capture a lion share of the mid-range hotels market by taking equity in Huazhu.
Travelzen raises record RMB 600 million in C-round funding
03/23/2016|11:08:37 AM|
Shortly after the dismantling of its VIE structure, Travelzen has received RMB 600 million in its C-round funding from a group of investors including Addor Capital, United Capital and EB Fortune.
HNA Group generates RMB 13.7 billion from New Third Board listings
02/03/2016|11:37:59 AM|
HNA Group made it to Fortune Magazine’s Top 500 list for the first time in 2015, ranking 464th with total revenue of USD 25.6 billion in the previous year. The company announced on January 28 that its total revenue in 2015 was RMB 188.1 billion (about USD 28.59 billion) in 2015.
HNA Hospitality Group seeks New Third Board listing for its asset-light strategy
01/26/2016|11:25:49 AM|
HNA Hospitality Group has submitted the application for a New Third Board listing, seeking its asset-light strategy.
Webjet acquires JacTravel to create a global B2B travel giant
08/02/2017|8:07:53 PM|
Australian travel group Webjet announces to acquire UK hotels and inbound tourism provider JacTravel. WebBeds, the B2B platform of Webjet, will become the second largest B2B travel platform worldwide.
Ctrip’s partner UTour plans full acquisition of HuaYuan
03/03/2016|6:18:43 PM|
Ctrip’s partner Beijing Utour International Travel Service Co Ltd (UTour) plans to buy out Huayuan International Travel (HuaYuan) for RMB 2.6 billion. The funds for the purchase will be raised by issuing 65.61 million shares at RMB 35.82 per share plus RMB 250 million in cash.
Shouqi Car Rental buys 40% stake of Reo Car Rental
02/16/2016|11:01:04 AM|
Shouqi Car Rental has acquired a 40% stake of Reo Car Rental and become the latter’s largest shareholder. The move helps further its game plan in the domestic car rental market.
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