Search results for “resort expansion”
Hilton aims for China’s untapped mid-range hotel market with 400 planned openings
11/30/2015|12:31:03 AM|
Hilton plans to open 400 over the next 10 years and increase the number of its Hilton Garden Inns in the China.
Jin Jiang Hotels secures RMB 4.92 billion loan for overseas acquisitions
02/26/2016|10:58:35 AM|
Jin Jiang Hotels has been granted a loan of RMB 4.92 billion by the Export-Import Bank of China’s branch in Shanghai as the travel company is planning further acquisitions overseas.
Chinese outbound travel – OTAs figure prominently in hotel distribution mix
08/27/2015|6:07:31 PM|
For hotel companies targeting Chinese outbound travel segment, the reliance on OTAs is important at this juncture.
Disney CEO welcomes “two-child policy” as boon for Disney parks
11/03/2015|10:14:33 PM|
Walt Disney’s CEO Robert Iger said China’s new “two-child policy” would be a boon to the tourism industry as more children going to its theme parks.
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.
Wanda Group takes on Disney in ambitious cultural tourism plans
10/05/2015|10:30:59 PM|
Wanda Group’s chairman Jianlin Wang has an ambitious plan to make tourism a key pillar of profitability for the group.
Spring Airlines profit leaps 83% in Q1-Q3 of 2015
11/03/2015|10:17:20 PM|
Spring Airlines saw 13% increase in revenue in the first three quarters of this year, to RMB6.325 billion, and net profit attributable to shareholders skyrocketed 83% to RMB1.202 billion. Basic earnings per share were RMB3.09.
Island resort platform Qulv raises US$20 million in A Series financing
10/14/2015|10:09:54 PM|
Overseas island travel specialists Qulv announced it received US$20 million in its A Series financing round from Yuantai Investment Partners
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