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China Southern increases holding in Xiamen Air by 4% for US$97 million
12/09/2015|6:12:22 PM|
China Southern Airlines has made a deal to take an additional 4% holding of Xiamen Air from the other Xiamen Air shareholder, Xiamen C&D Corp, for RMB627 million.
Baidu, Qunar, eLong, Priceline…Ctrip’s arsenal as strong as ever
11/20/2015|6:25:12 PM|
How is Ctrip going to build on a spate of strategic alliances signed this year? This question expectedly hogged the limelight as Ctrip shared its Q3 results
OTA LY.com to invest US$233 million to enter the online financial sector
12/08/2015|10:01:12 PM|
Chinese OTA LY.com is entering the financial sector by launching a checking financial product, Tong Tong Bao, on December 18.
Shiji Information takes 50.51% of eFuture Information for US$16 million
11/27/2015|12:33:29 AM|
Shiji Information (Hong Kong) has forked out US$16.7505 million to acquire 2.454 million ordinary shares of eFuture Information Technology at US$6.826 per share.
Six Chinese hotel groups form joint network
11/26/2015|12:38:41 AM|
Huatian Hotel Group, New Century Hotels and Resorts, Celebrity City Hotels, New Beacon Hotel Group, Shuguang Hotel Group and GDH set up Zhejiang Lashou.
eLong reports 94% growth in domestic hotel network in Q3 2015
11/19/2015|2:08:43 PM|
Net revenues for the third quarter increased 2% to RMB307.2 million (US$48.3 million), compared to RMB301.5 million in the third quarter of 2014.
Carnival Corp forms US$4 billion cruise JV with two Chinese SOEs
10/23/2015|5:31:44 PM|
Carnival Corp is teaming up with two Chinese state-owned enterprises (SOEs) to set up a joint venture worth 2.6 billion pounds．
Homeinns optimistic about achieving higher margin revenue contribution
11/10/2015|5:48:42 PM|
The hotel chain continues to be bullish about its hotel development pipeline, as well as its frequent guests program which rose to 47m members in Q3.
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