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Club Med accelerates growth in China aided by Fosun

Having launched two resorts in China in 2015, Club Med is picking up development speed and plans to open 15 more in the next five years and will have a total of 20 resorts in China by then.

02/22/2016|8:37:03 AM|ChinaTravelNews

Jin Jiang International becomes largest shareholder of AccorHotels

Jin Jiang International again raised its shareholding of AccorHotels to 6.03% and became the largest shareholder of the French hotel group.

02/04/2016|6:06:45 PM|ChinaTravelNews

Jin Jiang International raises AccorHotels stake to 5.5%

Jin Jiang International has increased its shareholding of AccorHotels to 5.5%, becoming the second largest shareholder of the French hotel group.

02/04/2016|6:20:03 PM|ChinaTravelNews

HNA Group generates RMB 13.7 billion from New Third Board listings

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.

02/03/2016|11:37:59 AM|ChinaTravelNews

China Lodging Group completes transaction for strategic alliance with AccorHotels

China Lodging Group has completed the transaction of strategic alliance with AccorHotels whose economy hotel business progressively integrates into China Lodging Group's network.

01/28/2016|9:48:03 AM|ChinaTravelNews

HNA Hospitality Group seeks New Third Board listing for its asset-light strategy

HNA Hospitality Group has submitted the application for a New Third Board listing, seeking its asset-light strategy.

01/26/2016|11:25:49 AM|ChinaTravelNews

CYTS Shanshui Hotel cleared for New Third Board listing

Shenzhen CYTS Shanshui Hotel has received approval to list on the New Third Board. Its Parent company CYTS will invest RMB51 million for a 51% stake.

01/19/2016|7:01:26 PM|ChinaTravelNews

Lackluster results for hotels in secondary Chinese cities while top-tier hotels show growth

China’s hotels showed signs of recovery in occupancy rates in 2015，and demand for hotel accommodation will find support from tourism development, Savills reported.

01/08/2016|6:37:41 PM|ChinaTravelNews
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