Search results for “acquisition”
Sabre revenue rises 13.9% YoY in 2016
02/07/2017|9:57:19 PM|
Sabre reported revenue growth of 13.9% to USD 3.373 billion in full-year 2016. Consolidated net income attributable to common stockholders totaled USD 242.6 million, down by 55.5% YoY.
Ctrip acquires TangRen World to tap destination ground transport
01/03/2017|9:53:18 AM|
ChinaTravelNews learned from Ctrip that the company has acquired overseas chauffeur service provider TangRen World and will further improve its overseas ground transport management and quality control in the future.
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.
Ctrip takes a big step in pursuit of going global
11/27/2016|9:50:20 AM|
Drifting away from intense competition in the domestic OTA market, Ctrip seems to have come a long way in a span of 18 months. The decision to acquire Skyscanner means Ctrip isn’t just a single market player anymore.
Rosedale Hotels makes roundabout acquisition of Lizhou Hotel
01/07/2015|11:21:20 AM|
Rosedale Hotels is negotiating a 51% acquisition of Jinfa Holdings with a HK$75 million loan to its owners to develop Zhuhai Lizhou Resort Hotel.
Tempus Global to buy 52% holding of Jettour for RMB 52 million
01/06/2017|11:41:59 PM|
Tempus Global will acquire 52% holdings of outbound tour operator Jettour for RMB 32 million in cash and RMB 20 million in capital injection.
Virgin Australia chief executive: China will play a vital role in our future growth
12/30/2016|4:45:34 PM|
Virgin Australia chief executive John Borghetti showed great confidence in China, and believed China will be a key driver of the Australia-based airline’s development and profitability in the next one or two decades.
HNA’s E-Life Financial receives RMB 1.9 billion in B+ round
12/30/2016|4:45:21 PM|
HNA subsidiary E-Life Financial raised RMB 1.9 billion in its B+ round after it closed its 4-billion-yuan B round last October. The deals boost the company‘s value to above the earlier projected RMB 8 billion.
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