Search results for “conglomerate”
Hotel alliances: make or break for mid-regional hotels chains?
05/19/2016|9:38:11 AM|
Whether joining alliances can help all hotels? Are hotels in a position against OTA or they can co-exist with each other? Five executives gathered at ChinaTravelNews’ panel during the Hotel and Marketing Conference to discuss the matter yesterday.
China’s tourism investment reaching 1 trillion yuan in 2015
05/04/2016|9:22:53 PM|
Tourism investment in China hiked 42% in 2015 and reached 1.0072 trillion yuan, according to a tourism green paper published by Chinese Academy of Social Science (CASS).
Chauffeured war heating up as Didi set to complete another financing round
04/11/2016|4:29:02 PM|
Not long after Uber expressed confidence in turning a profit in China within two years, its arch rival Didi Chuxing is to close yet another round of funding, with UCAR-linked Alibaba among the investors
HNA forms ecological technology group as sixth pillar
03/31/2016|2:15:04 PM|
HNA Ecological Technology Group has been officially set up in Haikou and becomes the 6th pillar of HNA Group after the conglomerate’s established presence in aviation, investment, tourism, finance and logistics. The eco-tech group has started “searching for acquisition targets around the globe”.
LY.com and Lotte Tour in JV to develop travel to Korea
12/12/2015|11:19:43 PM|
LY.com is setting up a joint venture company with Korea’s Lotte Tour in a strategic partnership to consolidate local Korean tourism resources and procurement.
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.
Nanshan Group acquires the Pullman Sydney Airport Hotel for AUD$84 million
12/15/2015|11:16:31 PM|
Chinese conglomerate Nanshan Group has acquired the Pullman Sydney Airport Hotel for approximately AUD$84 million.
Private guesthouse booking platform Zizaike gets multi-million RMB A Series financing
11/25/2015|5:55:46 PM|
Guesthouse platform Zizaike has completed a multi-million RMB A Series financing, and domestic television and radio conglomerate GC China is the lead investor.
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