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Search results for “tourism real estates”
ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017
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2:15:13 PM
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In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
China updates 'sensitive sectors' for outbound investment in hotels
02/13/2018
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3:56:49 PM
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China updated its list of "sensitive sectors" on February 11 for outbound investment in properties, hotels, cinemas, entertainment, sports clubs and equity investment funds.
Home-sharing platform Locals receives $24 million for its boutique B&B business
01/23/2018
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8:59:42 AM
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This year, Locals will add two additional businesses, namely homeware retail and urban travel, to further tap into consumption deriving from B&B customers.
Airbnb-fuelled boutique rental startups' slim chance to build their own brands
01/11/2018
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6:26:20 PM
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Though new boutique rental startups such as Sonder and Parallel Travel with have seen growth, they are still in a "thin line".
Fosun enters into formal deal with Shanghai Yuyuan Tourist Mart
11/22/2017
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10:13:51 AM
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A delay of two projects on the mainland has prompted Fosun to sign a formal agreement to inject a suite of real estate companies into Yuyuan in an all-scrip deal worth ¥24.16 billion ($3.52 billion).
Wanda slid out of $3 billion ski resort investment as downhill run began
12/05/2017
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1:09:47 PM
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Wang's Dalian Wanda Commercial Properties quietly sold off its equity in the $3 billion Changbaishan International Resort in N. China to a close associate this past June, a recent report has revealed.
Airbnb's Chinese rival Tujia sets sights on Japan as tourism booms
10/08/2017
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8:36:26 PM
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Tujia.com, China’s largest vacation rental platform, seeks to boost Japan listings by 10 times in two years as it vies with Airbnb Inc. to capitalize on the nation’s tourism boom.
Chinese real estate company buys luxury travel firm A&K for $412 million
10/17/2017
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10:50:07 AM
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Neo Dynasty, an overseas subsidiary of Chinese real estate and investment company Zhonghong Group, has closed the acquisition of 90.5% stake in luxury travel firm Abercrombie & Kent for $412 million.
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