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Breaking News: Ctrip sets up overseas hotel investment platform
07/17/2015|9:42:54 PM|
Ctrip is joining hands with Huiyu Asset Management and Singapore-based F&H Group to form a fund management platform, Xieling Investment.
TripAdvisor partners with CNTA and boosts localization as part of its China strategy
06/29/2015|12:46:18 PM|
TripAdvisor, has unveiled a new official Chinese name Maotuying and a CNTA partnership at a presentation of its strategic development in China held in Beijing.
Plateno and Jin Jiang target Starwood for acquisition after merger
07/16/2015|9:43:33 PM|
An Starwood acquisition would mean China will have the largest global hotel group in the world pioneered by the upcoming Jin Jiang-Plateno merger.
Hotel cloud PMS provider Mingyan Software gets angel investment from Plateno Group
07/16/2015|11:49:14 AM|
Mingyan Software, developer of Diaotian Cloud Hotel PMS,signed an agreement to receive an angel investment from Plateno Group.
Ctrip fills war chest with offering of US$1 billion convertible senior notes
06/18/2015|8:29:08 AM|
Ctrip will offer up to US$1 billion in aggregate principal amount of senior notes convertible into Ctrip's ADS, each representing 0.25 of an ordinary share.
Group-buy platform Meituan sells 33 million room nights in six months
07/14/2015|10:03:01 AM|
Meituan enjoyed 190% growth in turnover in the first half of this year and transaction volume of RMB47 billion during the period.
Travel utility app There Travel raises US$1.9 million angel investment
07/13/2015|10:05:44 AM|
There Travel has received an angel investment of RMB12 million that it plans to use to fine-tune its products and develop the market, according to its CEO Ning Shi.
HNA acquires 15% of US Red Lion Hotel to expand in North America
06/18/2015|10:11:38 AM|
HNA's acquisition price was not disclosed but estimates based on Red Hotel’s US$7.21 share price at the end of trading on Tuesday put it at US$21.5 million.
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