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Search results for “merge”
Outbound travel site Woqu merges with Lulutrip and announces $25 million B+ round
03/21/2017
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8:02:53 AM
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Outbound local tour platform Woqu announced that it has merged with Lulutrip, a travel service for overseas Chinese tourists. Meanwhile, it has raised USD 25 million in its series B+ round funding.
OYO reportedly in talks to acquire rival Treebo Hotels
12/24/2018
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11:53:07 AM
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If this acquisition deal goes through then this will be the second-biggest deal in the domestic online travel market just after acquisition of ibibo by MakeMyTrip in 2016.
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.
Fliggy, Shangri-La form new loyalty program
11/29/2018
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3:38:23 PM
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As part of the collaboration, all Fliggy members will be eligible for the Gold level of Shangri-La’s Golden Circle program.
HNA Group to merge its technology and logistics units
02/10/2017
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11:22:32 AM
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HNA Group plans to merge its eco-tech and logistics businesses into a new entity.
Tencent- and Ctrip-invested online travel firm to raise $1 billion in HK IPO
10/23/2018
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3:55:14 PM
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In 2017, Tongcheng-eLong recorded a net profit of 194 million yuan.
Tourico Holidays to merge with Hotelbeds' bedbank unit
02/08/2017
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10:47:47 AM
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Hotelbeds Group, a global bedbank and business-to-business provider of travel services, has announced plans for Tourico Holidays to merge with its Bedbank business unit.
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