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Search results for “Luxury Collection”
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.
AccorHotels buys majority stake in boutique lifestyle chain 21c Museum Hotels
08/01/2018
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12:47:55 PM
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Even though AccorHotels recently revealed it took a $288 million hit on its 2016 acquisitions of luxury homesharing platform Onefinestay and concierge provider John Paul, it hasn’t deterred the company’s shopping spree.
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.
Marriott to offer hotel stays and travel packages on Tmall, Fliggy
07/27/2018
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12:17:04 PM
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Marriott International will hold a “Tmall Super Brand Day”, offering an array of promotions and exclusive vacation packages for visitors to its storefront on Fliggy, Alibaba’s online travel platform.
Ctrip teams with Hyatt to open its first flagship store
05/18/2018
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9:33:23 AM
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The online flagship store allows over 300 million Ctrip members to access Hyatt hotels in the Greater China region and will extend to Hyatt hotels globally in the near future.
Marriott forays into short-term rental, gives Airbnb a run
04/25/2018
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5:41:02 PM
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Overall, Marriott's foray into vacation homes looks promising, and actually gives Airbnb a run for its rentals.
Tencent, Ctrip-backed travel firm plans billion-dollar IPO in Hong Kong
03/08/2018
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7:33:51 PM
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Tongcheng-Elong reportedly aims at raising USD 1-1.5 billion in a share sale.
Luxury travel’s next phase could be in vacation rental consolidation
12/24/2017
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1:53:39 PM
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As vacation rentals grow in popularity, further consolidation is likely.
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