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Search results for “price war”
Anbang abruptly withdraws Starwood bid, clearing Marriott's acquisition
04/01/2016
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10:13:25 PM
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The Chinese insurer cites "various market considerations" for withdrawal of its Starwood bid and shareholder vote for Marriott takeover set for April 8.
Chinese investors in US hotels pursue core-at-any-cost plan
03/23/2016
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11:08:12 AM
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prudently underwritten, low-risk commercial real estate loans
Ctrip’s story isn’t just about growth, margins too coming into the picture
03/19/2016
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11:20:10 AM
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Post consolidation in the OTA space, Ctrip is not only focused on its market share and GMV, but it also looking at hiking the overall margin to improve the financial performance.
Qunar’s “customer poaching” heats up cutthroat OTA war
12/15/2014
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11:14:36 AM
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Qunar is tempting hotels’ with zero commission and e-currency for every converted booking. Customers and hotels stand to benefit from the campaign and Qunar will gain room nights, albeit at heavy campaign cost and no additional revenue.
Hotels are using guest perks to battle online travel agencies
03/22/2016
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1:08:28 PM
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Hotels are pushing guests to book directly on their websites to avoid paying a 15% to 25% commission charged for bookings through websites including Expedia.com and Booking.com.
Hong Kong Disneyland suffers first loss in five years
02/16/2016
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4:40:24 PM
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Hong Kong Disneyland recorded a loss of HK$148 million ($19 million) in the year ending early October 2015, the first loss in five years after fewer Chinese tourists visited the city.
Airbus, Boeing count on China as Southeast Asia slows down
02/15/2016
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10:40:43 AM
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China's surge contrasts with overcapacity in Southeast Asia Airbus; Boeing to discuss Asia's future at Singapore Air Show.
A bite of China’s mobile payments pie – now Apple Pay wants it too
02/23/2016
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9:56:19 AM
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Can Apple Pay take on Alipay and Tenpay in China? It’s going to be a herculean task, but Apple is optimistic going by its current level of growth in this market.
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