Search results for “tourism groups”
Ctrip records 20 million room nights in July with lower-tier city strategy
08/11/2017|10:13:33 AM|
Thanks to its successful strategy in lower-tier Chinese cities, Ctrip has achieved a record high of 20 million room nights of bookings in July.
Wanda Group sells 13 projects, 76 hotels to Sunac for $9.3 billion
07/10/2017|4:14:26 PM|
Chinese conglomerate Dalian Wanda and property developer Sunac China jointly announced on July 10 that Sunac will acquire 13 Wanda cultural tourism projects and 76 Wanda hotels for RMB 63.17 billion (USD 9.3 billion).
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.
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017|8:49:20 PM|
As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.
Fully booked premiere: ITB China debuts in Shanghai
05/10/2017|3:14:30 PM|
Over 10,000 pre-scheduled appointments between exhibitors and hosted Chinese buyers secured prior to the show – Partner destination Europe – travel leaders to share latest ideas at ITB China Conference.
CITS nets 20% more profit in 2016
05/05/2017|1:51:32 PM|
CITS Group posted operating revenue of RMB 22.39 billion in 2016, up by 5.16%. Net profit last year climbed 20.07%. Operating revenue grew 10.54% in the first quarter of 2017 while net profit for the period rose 5.83%.
China’s Top 3 Hotel Groups: Jinjiang, BTG HomeInns and China Lodging
07/21/2017|6:20:44 PM|
China Tourist Hotels Association has ranked Jinjiang Hotels, BTG HomeInns and China Lodging as the country’s top three hotel groups in its Top 60 China Hotel Groups ranking for the past year.
Tujia’s vacation rental platform VaShare closes Pre-A round financing
07/24/2017|6:53:33 PM|
Vacation-sharing platform VaShare received millions of dollars in its Pre-A round financing. The company has completed two rounds of financing in less than six months, receiving around ten million dollars.
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