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Search results for “investment fund”
Trip.com investor ups Meituan stake; Hilton's China occupancy rises | Daily Brief
04/17/2020
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10:34:10 PM
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China's airline IT service giant TravelSky injects USD 141 million into a 5G-focused investment fund; Carnival said China might be among the first areas where cruise lines start sailing again.
Hotel platform GreenCloud snags nearly $14 million
05/25/2020
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2:39:15 PM
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GreenCloud is stepping up efforts in the culture tourism front.
Airbnb-Backed Zeus’s Value Is Halved in New Funding Round
05/09/2020
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6:10:54 PM
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It’s worth about USD 15 million in equity and debt at a valuation of about USD 110 million.
China issues $1.87 billion special bonds to support major tourism projects
05/12/2020
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9:56:50 AM
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As of the end of March, 23 local governments in the nation had issued special bonds, raising a total of RMB 13.259 billion (USD 1.87 billion) in support of the cultural and tourism sectors.
Another big deal sunk by coronavirus: Amex GBT investment deal falls through
05/11/2020
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5:18:46 PM
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Carlyle and GIC are believed to argue that coronavirus and the collapse of business travel globally have materially altered the deal’s conditions, and thereby allow them to walk away.
World’s top 50 valuable hotel brands could lose up to $14 billion of brand value
05/22/2020
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5:25:28 PM
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Hilton remains world’s most valuable hotel brand, up an impressive 35%. Mercure is fastest growing brand, following staggering 57% growth.
Expedia reports net loss of 1.3 billion for Q1 2020
05/21/2020
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7:30:53 AM
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Revenue grew in both January and February before declining significantly year over year in March.
Expedia names new CEO, raising $3.2 billion amid COVID-19
04/23/2020
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11:03:23 PM
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Preliminary results show that room nights dropped by 12%-17% to 67-71 million in the first quarter and gross bookings were down by 38%-43% at USD 17.1-18.5 billion.
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