Search results for “hotel consolidator”
A year of Investments for Ctrip
04/29/2015|11:00:04 AM|
Ctrip's Q4 2014 earnings report showed them as the biggest online travel company in China in terms of transaction value.
Jin Jiang Hotels profits up by 41.48% in Q1 2015
05/07/2015|4:50:07 PM|
Jin Jiang reported a 41.48% increase in revenue and 59.1% increase in net profit in Q1 y-o-y, at RMB909 million and RMB154 million respectively.
Tempus Global acquires TMC Qingdao ZX to facilitate entry into Shandong market
05/13/2015|10:31:10 AM|
Tempus Global has acquired travel management company (TMC) Qingdao ZX to pave the way for its entry into the Shangdong province market.
Ctrip backs PMS JV Jointwisdom
03/26/2015|7:23:51 AM|
Jointwisdom formed by restructuring Ctrip subsidiary Brandwisdom and CSHIS, has been launched in Beijing.
Top Chinese hotel IT operator AMTT raises US$32 million
04/16/2015|3:19:41 PM|
This financing round will bring high growth for AMTT, its products and service applications are used in a million hotel rooms in China.
Shiji Technologies to acquire 25 million euro stake in hotel IT company SnapShot
03/17/2015|2:28:07 PM|
Shiji Technologies will invest 25 million euros to acquire 55.45% equity, of Austrian hotel data management company SnapShot.
HK and Macau tour operators enter the Guangdong free trade zone
04/22/2015|3:14:30 PM|
Guangdong Free Trade Zone has been launched with five tour operators each from Hong Kong and Macau to operate group tours for mainland travelers.
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
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