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Huatian Hotels gets cash windfall from private investors

01/05/2015|6:30:45 PM|

Huatian Hotels intended to issue only 150 million shares to raise RMB600 million, but Huaxin Turbine offered RMB1.653 billion in cash for 29.44% equity.

ChinaTravelNews 2014-2015 review and highlights

01/04/2015|3:19:18 PM|

ChinaTravelNews recaps highlights of China's travel industry for 2014 and looks ahead to the industry's future for 2015.

Wanda Tourism sees excellent growth in subsidiaries

12/17/2014|10:24:28 AM|

Wanda Group’s tourism subsidiaries reported RMB1.71 billion revenues, equivalent to 24% of this year's annual revenue goal of RMB 7.125 billion.

Wanda Tourism acquires yet another regional tour operator

12/12/2014|11:03:34 AM|

Wanda Tourism continues its takeover of regional tour operators with its acquisition of Kunming Scenic Travel, Wanda’s 11th such acquisition after Hunan tour operator Easygoing.

China’s leading OTAs face challenges on all sides

10/14/2010|4:15:11 PM|

As China’s online travel market grows, competition among trip booking sites has heated up, with home-grown providers fighting hard to keep and increase market share. The competition isn’t a simple dual between two market leaders—international players are looking for ways to capitalize on the upward trends in online travel here.

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