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Search results for “Anbang Insurance”
Fosun venture capital invests in Israeli booking site Splitty
04/16/2019
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11:40:11 AM
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Chinese investment firm Fosun RZ Capital led a $6.75 million series A investment round in Splitty, a hotel booking startup based in Israel.
Outbound Chinese investment to U.S. falls to 7-year low
01/17/2019
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9:32:10 AM
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Over the year, Chinese investors like Anbang Insurance, Dalian Wanda, Fosun International and HNA Group dropped at least $13 billion of U.S. assets with some headline-making deals.
Anbang hires Bank of America for luxury hotels sale
11/21/2018
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12:14:30 PM
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The portfolio includes the Westin St. Francis in San Francisco, the Loews Santa Monica Beach Hotel, the Fairmont in Chicago and Essex House Hotel in New York.
Waldorf hotel renovations continue despite pressure on owner Anbang
08/23/2018
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11:13:37 AM
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The hotel is expected to reopen in 2021 with about 350 condos, 350 hotel rooms and architecturally preserved public spaces, Anbang said.
China’s Anbang puts a $5.5 billion luxury hotel portfolio on the block
08/21/2018
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10:14:16 AM
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As Anbang looks to raise cash more rapidly, the insurer has decided to sell the entire portfolio of about 15 hotels.
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
09/03/2018
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10:51:01 AM
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Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
Anbang Insurance denies bid for InterContinental Hotels
08/09/2016
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6:47:42 PM
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Anbang Insurance Group denied a report that it’s considering a bid for U.K.-based InterContinental Hotels Group, owner of the Holiday Inn and Crowne Plaza brands.
China updates 'sensitive sectors' for outbound investment in hotels
02/13/2018
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3:56:49 PM
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China updated its list of "sensitive sectors" on February 11 for outbound investment in properties, hotels, cinemas, entertainment, sports clubs and equity investment funds.
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