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Search results for “ownership”
Accor may use SPAC to own real estate while still trumpeting asset-light strategy
05/21/2021
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2:24:15 PM
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Accor’s potential SPAC listing would target companies in the lifestyle and leisure sector. The company wants to raise as much as $366 million under such a deal.
Hotel group Huazhu pares loss and expects revenues to rise 87%-89% in Q2
05/25/2021
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11:34:28 PM
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Net revenues increased 15.6% year-over-year to USD 355 million for the first quarter.
HNA-invested tour operator Caissa Tosun plans to acquire Alibaba-backed rival UTour to form a $1.9 billion giant
06/16/2021
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2:20:36 PM
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Alibaba holds a 5% stake in UTour while HNA Group owns more than 21% shares of Caissa Tosun.
Flight Centre takes full ownership of Canadian corporate travel and leisure business
08/07/2019
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3:08:12 PM
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Flight Centre said its Americas businesses, which together generated a AUD$70.2million profit before tax during FY18, were closing in on a profit in excess of AUD$100million for FY19.
A Look at boutique, soft-brand hotel supply and performance
06/04/2021
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2:32:16 PM
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Soft-brand supply has grown 19% in the past decade.
Airline chief says “It’s not worth commenting on”
05/14/2021
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2:41:22 PM
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The United States with some 16.3 million seats are at 78% of their pre-Covid capacity levels.
Accor’s Mendes bets on diversification, adaptability
04/15/2021
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12:13:04 PM
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Luxury is all about diversification for different personality types and experiences, so a wider range of brands lets Accor achieve greater market share.
Hilton announces multiple luxury signings in China
05/06/2021
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5:50:36 PM
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The multi-deal signing signals optimism from both companies on the luxury tourism outlook in China and a commitment to extending their partnership.
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