Search results for “transformation”
Fosun to snap up Thomas Cook’s Concept Hotels for European foothold
03/12/2015|4:46:31 PM|
Fosun plan to develop a new hotel chain brand for the Chinese market with Thomas Cook and acquire 220 Concept Hotels for 500 million euros.
Uber and Yongche reportedly mull merger
03/12/2015|2:47:45 PM|
Uber and Yongche are said to be discussing a possible partnership in a struggle to survive in the Chinese taxi app market.
Phoenix Travel aims to restructure and improve technology after financing
02/13/2015|11:43:39 AM|
Phoenix Travel Worldwide will make acquisitions and bolster its subsidary Global Joy while boosting its technological transition and trimming staff.
China Southern’s commission cut may cause serious repercussions
01/08/2015|4:04:08 PM|
China Southern Airlines cut its agents’ commissions from 2% to 1% possibly sparking a struggle over distribution involving: airlines, agents, and OTAs
Tempus Global acquires leading Chongqing travel company
01/06/2015|2:16:08 PM|
Tempus Global will inject RMB55 million capital in subsidiary Chongqing Tempus Air Service to acquire 60% holding in Chongqing Xinganxian Travel.
Wanda Tourism has US$1.2 billion revenue in 2014
01/20/2015|9:22:02 AM|
Wanda group’s transformation and upgrading has been successful with the growth in its cultural and tourism business revenue surpassing its real estate business.
Ctrip enlists eHi to create one-stop platform
01/23/2015|3:21:49 PM|
Ctrip will fully integrate eHi Car Services into its platforms including the website, mobile app and offline channels.
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.
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