Search results for “China expansion”
Utour’s enjoys revenue growth above 40%
02/27/2015|3:49:53 PM|
Utour achieved 40.32% y-o-y growth in revenue, recording RMB4.217 billion turnover and 24.32% y-o-y growth in shareholder profits totaling RMB109 million.
Home Inns to focus on mid-range brand and business travel platform
04/09/2015|9:25:09 AM|
Home Inns will expand its Homeinn Plus hotels by 80 to 100 properties this year, as well as launch its Qiake-in guest platform.
Hong Kong tour operators to have free rein in Guangdong outbound tourism
03/25/2015|9:00:04 AM|
The Guangdong Tourism Association is tasked to promote the setting up of tour companies solely or jointly owned by Hong Kong investors.
Vienna Hotels invites Series C financing to pave way for IPO
02/26/2015|3:37:15 PM|
Vienna Hotel wants a Series C financing round this year to raise at least RMB1 billion and pave the way for an IPO in 2017.
Ctrip subsidiary Aiwan gets record investment from Fosun Group
03/11/2015|9:51:09 PM|
Aiwan announced it received multi-million Series A financing from Fosun Group, the largest investment ever in the fledgling theme travel market in China.
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.
Vienna Hotels plans to fund massive expansion with US$48 million capital
03/24/2015|9:38:07 AM|
After two successful financing rounds, mid-range Vienna Hotels Group is raising a third capital injection of RMB300 million.
China’s global hotel investment set to accelerate
03/02/2015|9:49:39 AM|
Chinese investors will inject more than 200 million GBP annually into the global hotel marketboosting their market share from the current 4% to 10% by 2017.
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