Search results for “ownership”
Crafting a digital strategy for “not-a-go-to-brand” in China
Air France KLM is open to embracing various touchpoints in China, including the ones owned by 3rd party channels/ platforms.
Flight Centre acquires French corporate travel business
The two companies have worked together since 2015 when 3Mundi became part of Flight Centre's FCM Travel Solutions network as an independent licensee for the markets of France and Switzerland.
US hotel union asks Anbang to reveal ownership and financing
The fact that Anbang was asked by Chinese regulatory to sell foreign assets aroused a US more-than-1000-perople labor group's attention. They concerned about the negative impact on their union members.
What If Accor acquires Oyo?
It takes three to four years for Accor to build a hotel in India thus investing in an existing successful chain is far and away the best way to quickly gain a strong foothold.
China's Dalian Wanda carries out major restructure of hotel ownership
Because of high-profile multi-billion acquisition sprees overseas, Dalian Wanda has begun restructuring of selling RMB 705 billion (€901m) worth of assets into its Hong Kong-listed unit, Wanda Hotel Development.
China Railway invites Alibaba to mixed ownership reform
China Railway Corp (CRC) said it hopes to deepen its existing business relationship with e-commerce giant Alibaba Group in pushing forward its mixed ownership reform.
Meituan may buy back 10% of its shares
Even though it has the green light for this move, a share buyback now might worsen the firm’s financial condition.
Accor Hotels holds 10.2% and Ctrip holds 7.5% equity of Huazhu
As of December 31, 2018, Huazhu operated 4,230 hotels in China with hotel network covered 403 cities in 32 provinces and municipalities across China.
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