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Search results for “luxury resort sale”
Wanda unveils mid-end hotel brand, Shangri-La ties up with Klook, and more
12/10/2018
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11:54:46 AM
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Visa-free entry to the EU may add €12.5 billion more tourism spending from Chinese visitors every year. Budget airlines in China are actively growing ancillary revenues, while state-owned carriers only provide prepaid seat selection options for international flights.
Wanda reinstates its hotel ambition with Wanda Moments brand
12/04/2018
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9:05:53 AM
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Wanda Hotels & Resorts has been heading towards being asset-light following a blockbuster deal in July 2017 that changed its asset portfolio.
Club Med owner Fosun Tourism looks to raise $548 million in Hong Kong IPO
11/30/2018
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10:24:04 AM
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The company aims to price the deal December 7 and begin trading December 14, the prospectus shows.
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.
Bain looking to buy $500 million seaplane operator in the Maldives
11/06/2017
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11:46:42 AM
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Bain Capital LP is in the final stages of bidding for Blackstone Group LP’s seaplane operator in the Maldives, according to people familiar with the matter.
How hotels drive revenue through memberships for locals
04/17/2017
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4:34:39 PM
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A significant number of hotels have adopted fee-based membership programs to drive revenue, increase on-property spending and gain local exposure from nearby residents eager to use a property’s spas, fitness centers and other facilities.
Blackstone ends landmark hotel sale to Anbang
10/24/2016
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3:50:40 PM
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San Diego’s Hotel del Coronado was part of Strategic purchase in which the Chinese insurer already bought 15 of 16 hotels in USD 6.5 billion deal.
Zanadu opens VR concept store in Shanghai
08/10/2016
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8:20:45 PM
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Chinese luxury travel and lifestyle brand Zanadu has opened the world’s first virtual reality travel concept store in Shanghai.
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