BTG Hotels’ invested RMB5.1 million investment and Shanli Hanshe Tourism Investment contributes RMB4.9 millionto BTG Hanshe Hotel Management JV.
Riding on the success of its IPO, Spring Airlines is setting up an aircraft charter company to enter the aviation finance sector and boostingi Japan service.
According to Club Med’s development plan, China will become the second largest market after France for Club Med by 2015.
Beibuwan Tourism has launched subscription for its 54.06 million shares and is set to publish its IPO at Shanghai Stock Exchange on March 11.
Jiuhuashan Tourism is issuing 27.68 million shares is a Shanghai IPO on March 12 trading as Jiuhua Tourism.
The establishment of Jiangxi Airlines with RMB2 billion registered capital has been approved by the CAAC East China administrative bureau.
Jinjiang Holdings purchase of Starwood Capital Group’s Louvre Hotel Group is its latest move to surpass Hilton Hotels globally in five years.
Starwood Hotels plans to open 20 hotels in greater China in 2015, including two luxury hotels, 12 high-end hotels, and six select boutique hotels.
