An Starwood acquisition would mean China will have the largest global hotel group in the world pioneered by the upcoming Jin Jiang-Plateno merger.
Meituan has confirmed it will acquire full ownership of online travel platform Kuxun from Tripadvisor to step up its hotel coverage and complete its business range.
Mingyan Software, developer of Diaotian Cloud Hotel PMS,signed an agreement to receive an angel investment from Plateno Group.
Juneyao Air plans to raise RMB3.565 billion (approx: US$574 million) to expand its fleet and enter the online travel industry to open new sources of revenue.
Golden Century will receive RMB72 million investment from Tongda Chemical which will hold a 13.04% stake in the former.
Mr. Wang said that Wanda Group’s revenue target for the second half of this year was RMB167.12 billion with RMB390 million of it profit attributable to owners .
Disney Chairman and CEO Bob Iger revealed showcased key highlights of attractions, entertainment, dining and hotels at the Shanghai Expo Centre.
Skyroam will expand the global coverage of its mobile roaming service, introduce more discounted service packages and more VSIM smart terminals.
