Search results for “Business”
Fosun to snap up Thomas Cook’s Concept Hotels for European foothold
03/12/2015|4:46:31 PM|
Fosun plan to develop a new hotel chain brand for the Chinese market with Thomas Cook and acquire 220 Concept Hotels for 500 million euros.
Air China slips “legroom fees” in on international flights
03/12/2015|3:25:25 PM|
Air China will charge a “legroom fee” on select economy class seats of its two international flights from Chengdu starting March 11.
China integral to Club Med’s goal of attaining global leadership
03/04/2015|6:00:55 PM|
According to Club Med’s development plan, China will become the second largest market after France for Club Med by 2015.
Starwood Hotels pushes into Greater China with 20 new hotels
02/28/2015|9:50:29 AM|
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.
Didi-Kuaidi in high gear for US IPO in June 2015
03/28/2015|9:43:32 AM|
The newly formed Didi-Kuaidi taxi app mega merger is racing to make a US IPO as early as June 2015 in order to catapult itself to a stage of high-speed growth.
Expedia founder among investors in Mafengwo’s Series C financing round
03/28/2015|7:24:03 AM|
Mafengwo has received funding to the tune of US$100 million from a number of investors including Expedia’s Rich Barton.
Jiuhua Tourism makes 27.68 million share public offering
03/27/2015|5:05:22 PM|
Jiuhua Tourism issued 27.68 million shares at RMB12.08 per share at a price-earnings ratio of 20.47 bringing its total issued shares to 110.68 million.
A lighter and richer HKCTS eager to list hotel spinoff
03/27/2015|7:23:15 AM|
HKCTS president Muhan Xu said it is once again mulling the listing of a hotel spinoff to leverage its hotel asset value.
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