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Search results for “China Development Bank”
Alibaba-invested repricing startup Hotelmize eyes expansion in China and Asia
04/29/2020
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9:56:10 AM
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While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020
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9:35:51 PM
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Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020
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11:34:25 PM
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Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.
Fintech unicorn Airwallex snags $160M Series D funding for US, Europe expansion
04/16/2020
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3:28:10 PM
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The Series D round took the total capital raised by Airwallex to over $360 million.
HNA Group asks Chinese government for help as liquidity risks rise
02/29/2020
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4:51:08 PM
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Parent group of Hainan Airlines asked local provincial government to help resolve its liquidity risks.
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020
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4:49:38 PM
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China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
Genting Dream deal secures USD 900 million
01/20/2020
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3:06:25 PM
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Part of the funds was used for repayment of the outstanding balance of approximately USD 502 million.
Intelligent hotel solution provider Xiezhu Technology lands $37 million funding
01/10/2020
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10:48:30 AM
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The company’s solutions are used by 8,000 hotels in China and have helped upgrade 350,000 rooms.
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