Search results for “trade”
Online travel company Golden Century nets US$11.6 million from Tongda Chemical
07/15/2015|9:56:55 AM|
Golden Century will receive RMB72 million investment from Tongda Chemical which will hold a 13.04% stake in the former.
HNA acquires 15% of US Red Lion Hotel to expand in North America
06/18/2015|10:11:38 AM|
HNA's acquisition price was not disclosed but estimates based on Red Hotel’s US$7.21 share price at the end of trading on Tuesday put it at US$21.5 million.
Programmatic advertising – travel advertisers need to be spot on with it
06/10/2015|9:24:08 AM|
OTAs like Ctrip are already eyeing benefits of programmatic advertising, whereas hotel companies need to catch up.
Hong Kong receives 10% fewer independent Chinese visitors in June
07/07/2015|6:05:45 PM|
The full impact of the visit pass policy change remains to be seen as independent visitors from China are still traveling on multiple-entry visit pass.
Ctrip loses over US$12.7 million in 12-hour shutdown
05/29/2015|9:22:51 PM|
Ctrip's 12 hour disruption made its share price fall by 4% at the opening of trading, and close at 1.59% lower at US$80.22 per share.
Favorable corporate, transit and leisure travel visa policies for Chinese on the rise
05/29/2015|5:53:18 PM|
Visa application for Chinese visitors are being simplified by Singapore, Canada and Indonesia, and Germany.
Tuniu targets a bigger service network expansion post $500m investment
05/26/2015|7:40:53 PM|
Tuniu is banking on its decision to expand regionally, and this is being accelerated post JD.com’s decision to be the largest shareholder in the company.
Australian hotel industry flush with Chinese capital
05/07/2015|11:00:24 AM|
After concluding a US$442 million purchase of Hilton International’s Hilton Sydney, Bright Ruby is also looking to buy The Westin Sydney for US$400 million.
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