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Chinese hotel mogul thinks now is the time to head abroad for deals
06/13/2019|5:38:06 PM|
Ji Qi says in each of the market Huazhu lands on, it aims to become a top five player eventually.
China’s hotel construction pipeline continues to expand
06/13/2019|4:03:42 PM|
Both projects and rooms in the pipeline are at new all-time highs.
Airbus Tianjin final assembly line to ramp up to 6 A320s per month by 2020
06/13/2019|3:54:54 PM|
The Airbus A320 FALA in Tianjin is now capable of conducting the final assembly of the A320 family single-aisle airplanes, including the latest model A320neo.
This is why America's travel business is worried
06/13/2019|10:12:16 AM|
Last year set a record for tourism: 78.6 million foreign travelers came to the United States in 2018. But following that banner year, tourism is now in a slump.
Oyo eyes $10bn valuation in new $1bn funding round
06/13/2019|9:50:37 AM|
If the deal goes through, it will make Oyo the most valued startup along with Paytm.
Ryanair to invest in a Malta AOC through purchase of Malta Air
06/12/2019|6:03:41 PM|
This investment in Malta Air will allow Ryanair to grow its already sizable presence in Malta (3m customers p.a.), and access non-EU markets (North Africa) from Malta.
Shenzhen's third runway gets the green light
06/12/2019|5:52:22 PM|
Whilst there are an impressive 76 international destinations served from Shenzhen, from Guangzhou there are 130 and Hong Kong 312, meaning Shenzhen has a little catching up to do.
What If Accor acquires Oyo?
06/12/2019|3:21:32 PM|
It takes three to four years for Accor to build a hotel in India thus investing in an existing successful chain is far and away the best way to quickly gain a strong foothold.
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