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Search results for “China Lodging”
Trip.com-backed homestay operator Sweetome gains investment from Airbnb
12/04/2019
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6:40:05 PM
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Sweetome’s stakeholders now include Trip.com Group, Airbnb, 58.com Inc and Expedia.
China Lodging offers $425m convertible notes, partly for minority investment
10/27/2017
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12:23:56 PM
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Hotel giant plans to raise $425 million through convertible senior notes, partly to repay loans borrowed to "make investments in minority equity interests" in industry-related or complementary businesses.
Chinese hotel giant Huazhu to snap up Deutsche Hospitality for €700m
11/05/2019
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11:21:11 AM
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Jenny Zhang, CEO of Huazhu, thinks that the merger of Deutsche Hospitality and Huazhu will create the foundation of a global hotel group that combines "German quality and Asian speed”.
OYO in talks with SoftBank for funding, valuation may touch $4 billion
08/20/2018
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3:55:29 PM
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According to The Economic Times, OYO is in talks with companies including SoftBank and We-Work for a new round of investment. The deal is expected to finalise by the end of this month.
Jin Jiang, BTG HomeInns and Huazhu maintain rankings among global top 10 hoteliers
07/18/2018
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5:35:11 PM
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Among the Hotels 325 list, China's Jin Jiang, BTG HomeInns and Huazhu maintained their rankings among the top 10, and another eight Chinese hotel groups made it to the top 50.
China Lodging Group to invest $10 million in India's OYO
09/13/2017
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12:50:21 PM
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China Lodging announced today its five-year MoU with India's leading hospitality company OYO and that it has agreed to make a $10 million equity investment in OYO to become a minority shareholder.
China’s hotel construction expands with all-time high despite economic slowdown
09/03/2019
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3:02:35 PM
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China's total hotel construction pipeline swelled to 2,991 projects/592,884 rooms in the first half of 2019, up 19% by projects and 7% by rooms year-over-year, both at all-time highs, amidst an economic slowdown.
China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition
08/17/2017
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8:00:45 PM
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China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.
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