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Search results for “Mergers”
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020
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9:35:51 PM
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Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
Sabre wins first antitrust case on Farelogix acquisition in US
04/09/2020
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2:15:27 PM
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Sabre still has to wait for a UK antitrust regulator to rule before it can complete the deal.
OYO’s Chinese rivals merge amid coronavirus outbreak
03/11/2020
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10:09:44 AM
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The IDG Capital-invested H Hotel has signed up a total of 2,500 hotels as of 2019, while Huazhu’s Elan Hotel has contracted over 600 properties.
Restaurant, hotel management platform Tripleseat acquired by Vista Equity
03/30/2020
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9:47:02 PM
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Through the acquisition, Gather, already owned by Vista, will be merged with Tripleseat.
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020
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11:34:25 PM
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Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.
Air China maintains U.S. flying; Beijing airport to transfer international flights | Daily Brief
03/19/2020
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1:03:31 AM
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The world's largest hotel chain has started furloughing tens of thousands of employees; Cathay Pacific will sell six of its Boeing 777-300ER planes to BOC Aviation.
Fosun Tourism sees acquisition opportunities amid virus outbreak
03/18/2020
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11:21:26 AM
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The company said it believes that the demand of the global tourism industry will continue to rise in the long run.
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief
02/19/2020
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12:07:04 AM
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Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.
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