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Search results for “InterContinental”
InterContinental Hopes to Raise $1 Billion From Sale of Iconic Hong Kong Hotel
11/18/2014
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2:59:43 PM
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InterContinental Hotels Group Plc, owner of the Holiday Inn and Crowne Plaza brands, is seeking at least $1 billion from the sale of a Hong Kong hotel, people with knowledge of the matter said.
Activist Investors Push for InterContinental Hotels Merger to Boost Share Price
11/13/2014
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9:03:46 AM
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Activist investor Marcato Capital Management LP said InterContinental Hotels Group Plc’s share price may double if the lodging operator agrees to a merger or acquisition by another hospitality company.
Hilton brings apartment-style hotel to China’s mid-range
09/30/2016
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1:46:14 PM
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Hilton Hotels recently introduced its concept of apartment-style hotel to China for the first time in a bid to expand into the country’s mid-scale market.
Spring Airlines to expand fleet, eyeing foothold in Beijing's new airport
08/11/2016
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3:48:58 PM
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Spring Airlines plans to expand to 100 aircraft by 2018 to meet growing market demand, but rules out possibility of launching future long-haul intercontinental routes.
IHG claims rewards revamp is shifting growth to direct from OTAs
08/03/2016
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4:23:04 PM
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Since IHG launched Your Rate, it has seen a material 2% shift in growth rate to direct away from OTAs.
Hotel room glut drives down room rate and revenue in China
08/03/2016
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10:01:40 AM
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Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
Asia Pacific hotel investment rises, Japan seen dominating
07/27/2016
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9:16:28 AM
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Asia Pacific hotel investment volumes in the first half year climbed more than 13 percent to US$3.8 billion YoY as yields recovered to pre-global financial crisis levels.
The disappointing life of hotel industry booking site Room Key
07/12/2016
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10:33:19 AM
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Room Key, launched in January 2012, is the brainchild of six major hotel chains. However, it turns out to be a disappointment due to unreasonable profit model, limited marketing budget and pop-under ads.
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