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Deutsche Hospitality CEO: Finding the right partner in China is important

03/15/2021|5 years ago

The German hotel group plans to quintuple its hotel portfolio by 2025, partly through mergers and acquisitions.

Deutsche Hospitality accounts for 25% of Huazhu's total revenues in 2019

05/05/2020|6 years ago

Huazhu Group scheduled to issue a shareholder loan of EUR 20 million to Deutsche Hospitality with a term of 12 months.

May holiday flight sales plummets; Tuniu completes most travel refunds | Daily Brief

04/25/2020|6 years ago

Hong Kong's daily visitor arrivals declined to less than 100 persons in early April; Shanghai Disney is testing parade and more for reopening.

Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%

03/27/2020|6 years ago

Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.

Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief

03/02/2020|6 years ago

China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.

HNA slows M&A pace after US$50b buying spree in past 2 years

06/06/2017|9 years ago

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.

Bullish outlooks for Chinese airlines as they emerge from exchange rate hits

04/24/2016|10 years ago

China’s carriers are enjoying more favorable outlooks than their overseas counterparts, thanks to cheap oil price, great domestic demand and supportive regulatory policies, but it remains to be seen if the advantage can be sustained

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