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Search results for “HOTELS magazine”
Millennials want a hotel room good on Instagram, rather than a cheap one
08/01/2017
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1:05:35 PM
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Millennials, which is now the biggest group of business travelers, would rather take the luxury room at a deeper discount than take the cheapest room, according to mobile travel app HotelTonight.
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.
Airbnb wants to remake the entire travel industry
05/17/2017
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8:41:38 PM
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After forcing the biggest changes in travel since Priceline and Expedia, Airbnb is running out of easy room to grow against lodging firms. It needs to upend the entire travel experience.
HNA in talks to buy controlling stake in Forbes
03/28/2017
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9:52:54 AM
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HNA Group is in talks to buy a controlling stake in the Forbes magazine. The deal is worth at least USD 400 million.
Jin Jiang Hotels' net profit drops 12.4% in 2016
03/31/2017
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6:45:07 PM
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Jin Jiang International Hotels Group reported sales revenue of RMB 17 billion, up by 39.5% YoY. Operating profit amounted to RMB 2.1 billion, 8.0% more than previous year.
China sovereign fund CIC takes a stake in Airbnb
03/12/2017
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4:10:32 PM
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China’s sovereign wealth fund CIC subscribed to roughly 10% of a USD 1 billion funding round disclosed by Airbnb in a filing with US securities regulators, reported Sky News.
Hilton recognized as top employer in China by Universum
07/20/2016
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4:02:51 PM
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Hilton Worldwide has been hailed by Universum as one of China's Most Attractive Employers for the fourth consecutive year.
China's home-sharing site surpasses Airbnb
05/10/2016
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10:30:45 PM
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China’s largest vacation rental website Tujia.com has grown from an unknown to a unicorn surpassing the $1 billion market valuation
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