Search results for “restructure”
Plateno Group aims to have 4,500 7Days hotels by 2018
06/05/2015|9:56:21 AM|
Plateno Group will expand the coverage of its 7Days Inn brand to 4,500 hotels of the brand in all Chinese cities and towns in three years.
Caissa Touristic uses shell company Easy Food to go public
04/20/2015|3:16:48 PM|
Publicly listed Easy Food will issue 432 million shares to give HNA Tourism majority control and make it a shell for HNA subsidiary Caissa Touristic.
Oil price slump increases earnings for Chinese carriers
04/17/2015|3:17:50 PM|
The huge dip in international crude prices helped lower operational costs and contribute to healthy bottom-lines for China’s carriers.
Utour records 40.32% jump in revenue in 2014
04/14/2015|9:21:42 AM|
Utour reported stable growth, with 46.92% y-o-y growth in revenue for its wholesale operations and 42.03% growth in retail operations for 2014.
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.
CTA predicts China's tourism industry to service 2.06 billion in first half of 2015
04/10/2015|9:24:02 AM|
China's tourism industry is expected to record RMB1.7 trillion revenue in the first half of this year, China Tourism Academy (CTA) projects..
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.
Hainan Airlines’ subsidiary Fuzhou Airlines challenges dominance of Xiamen Airlines
03/27/2015|4:22:32 PM|
The arrival of Fuzhou Airlines is a direct challenge to Xiamen Airline’s long-standing dominance in Fuzhou.
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