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Search results for “CITS”
Fosun splashes out billions of yuan in luxury tourism property
07/19/2016
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9:59:26 AM
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Fosun has splurged nearly RMB 11 billion on building Atlantis Sanya, a high-end resort featuring 807 apartments and 197 villas which will appeal to global investors.
HNA jumps to No.170 on Global Fortune 500 list amid debt concerns
07/21/2017
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6:39:33 PM
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Ranking No. 170 on this year's Global Fortune 500 list, HNA Group is declined by Bank of America, Citigroup and Morgan Stanley amid growing concerns about its debt levels and ownership structure.
A report about The Chinese Luxury Traveler 2017
06/07/2017
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8:44:07 PM
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Some 60% of outbound luxury travelers willing to spend more than 3,000 yuan for a room night and travel business or first class. Customized travel services have begun to spread.
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017
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8:49:20 PM
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As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.
Travel conglomerate OCT to divest interests in two firms for 2.3 billion yuan
04/13/2017
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10:15:10 AM
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Theme park and tourism firm OCT Co. plans to divest its stakes of 100% in Taizhou OCT and 60% in OCT Vision. The two deals will be worth RMB 2.3 billion.
CDF-Lagardère wins Hong Kong airport duty free concession
04/06/2017
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12:23:05 PM
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Airport Authority Hong Kong has awarded its duty free liquor & tobacco concession to CDF-Lagardère Company Limited, a joint venture of China Duty Free Group (CDFG) and Lagardère Travel Retail.
Tencent continues reign as China’s most valuable brand, Ctrip ranks 38th with $2,260m
03/21/2017
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9:45:31 AM
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Tencent continued its reign as China’s most valuable brand, rising 29% to be the first 100-billion-dollar brand while Ctrip ranked 38th in the Chinese companies with a brand value of USD 2,260 million.
Chinese aviation conglomerate HNA is bigger than Boeing
01/03/2017
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6:36:37 PM
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From its first flight in 1993, through a $25 million investment from George Soros in 1995 and a 2000 restructuring, the former Hainan Airlines has never stopped growing.
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