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Search results for “upscale travel”
Travel industry veterans discuss the competition landscape after industry consolidation
05/19/2016
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3:06:53 PM
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This year’s China Hotel and Marketing Conference hosted by ChinaTravelNews announced its grand opening yesterday in Shanghai.
NH Hotel’s trump cards for China - authenticity of brands and collaboration
05/17/2016
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4:40:08 PM
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NH Hotel’s decision to foray into China comes at a time when the whole sector is buzzing with rapid expansion. A look at how the European company is approaching this market.
AccorHotels spends big on home rentals with Euro 148 million onefinestay deal
04/06/2016
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10:31:07 AM
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After having announced its investment in two vacation rental businesses, AccorHotels has bought upmarket home rentals business onefinestay for Euro 148 million and has earmarked a further Euro 64 million to expand the business internationally. Other hotel groups have also shown interest in the vacation rental market with Choice Hotels launching a property rental platform last month.
Relux, a Japanese booking site, nabs $4.5 million in funding
04/19/2016
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10:42:59 PM
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Loco Partners, a Tokyo-based startup that runs Relux, a membership-based accommodation booking site, has secured 500 million yen (or about US$4.5 million) in funding, led by KDDI Open Innovation Fund, one of Japan’s three largest mobile carriers.
Huazhu expects continued growth into 2016
03/18/2016
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10:06:50 AM
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After a strong year of expansion in 2015, Huazhu (China Lodging Group) CEO Min Zhang discussed the company’s plan to continue its trajectory through 2016.
Marriott Investor Call: This Is What We Have in Store for Starwood
03/22/2016
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6:31:19 PM
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Marriott held a call for investors on this Monday morning, talking primarily about the new deal’s terms. Marriott decided to combine its Rewards with Starwood Preferred Guest loyalty programs and integrate their brands.With newly revised bid, the synergies have risen to $250 million, and Marriott expects them to be fully achieved within two years after closing.
Accor and HNA both consider Carlson Rezidor acquisition
03/10/2016
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11:31:09 AM
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Europe's biggest hotel operator Accor SA, and Chinese conglomerate HNA Group are among companies in bids for Carlson’s hotel group, which includes the Radisson and Park Plaza brands.
UTour makes strategic investment in short-haul travel platform Yaochufa
01/14/2016
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4:33:23 PM
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UTour has made a strategic investment in short-haul travel OTA Yaochufa to form a partnership linking loyalty membership systems, sharing resource and channels.
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