Search results for “acquisitions”
Accor CEO: Chinese tourists look beyond APAC, changing global hospitality
12/21/2017|3:10:33 PM|
"Accor probably is making more profit as an investor in China Lodging than we could have made by remaining independent for the next 50 years", said Sebastien Bazin, Chairman and CEO of AccorHotels.
Ctrip to further global expansion by acquiring US travel site Trip.com
11/02/2017|6:10:07 PM|
Ctrip has acquired US travel booking platform Trip.com (formerly Gogobot). It’s worth noting whether the search functions of Trip.com will be merged with Skyscanner’s.
Wanda reportedly mulling 1.2 billion euro acquisition of Spanish beach resort
11/30/2015|12:30:26 AM|
Chinese property developer giant Wanda Group is reportedly in talks to acquire a 75% stake Marina d’Or Resort in Spain’s Castellon province for €1.2bn.
Ctrip mulling Tuniu acquisition to launch and list JV
11/20/2015|5:32:36 PM|
Ctrip is said to be considering integrating its new leisure travel business unit with Tuniu and may even list it as an independent entity.
Jin Jiang Hotels increases its stake in Plateno Group to 93%
10/24/2017|12:44:15 PM|
To further integrate resources and reduce costs, Jin Jiang International Holdings will acquire 12.0001% stake held by Prototal Enterprises Limited in Keystone, a Jin Jiang subsidiary that controls Plateno.
Chinese real estate company buys luxury travel firm A&K for $412 million
10/17/2017|10:50:07 AM|
Neo Dynasty, an overseas subsidiary of Chinese real estate and investment company Zhonghong Group, has closed the acquisition of 90.5% stake in luxury travel firm Abercrombie & Kent for $412 million.
Huazhu Hotels's gets a hand in in Homeinns with 5% acquisition for US$68 million
11/13/2015|10:45:19 AM|
Huazhu Hotels acquired a 5% stake in Homeinns for RMB435 million to inflate Homeinns's share price and thus push up the price of its proposed privatization.
MICE platform Eventown makes full acquisition of EventDove for US$14 million
11/05/2015|4:49:46 PM|
Eventown Group has announced it is making a full acquisition of event management platform EventDove and its related brands in a RMB90 million cash and share deal.
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