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Jin Jiang Hotels in major asset restructuring and joint investment with Plateno Group
08/27/2015
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6:07:23 PM
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Shanghai-based Jin Jiang Hotels Group has announced it is making cash-based acquisitions of compatible hotel assets from third parties in a major restructuring.
Online travel company Golden Century nets US$11.6 million from Tongda Chemical
07/15/2015
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9:56:55 AM
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Golden Century will receive RMB72 million investment from Tongda Chemical which will hold a 13.04% stake in the former.
Travel agents demand Marriott axe campaign to push direct web sales
08/13/2015
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10:09:58 AM
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Marriott has angered a major travel agency group with its latest advertising campaign to encourage travellers to bypass intermediaries.
Top Chinese outdoor and sports event organizer Huway gets US$6.44 million
07/13/2015
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10:05:28 AM
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Huway has received RMB40 million (approx: US$6.44 million) from Mango Haitong Creative Arts Investment Fund in its A Series financing round.
Six Chinese high-end hotel groups form China Hotel Alliance
07/07/2015
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6:05:16 PM
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The “China Hotel Alliance” was officially formed on July 6, comprising six major high end Chinese hotel groups.
More Chinese golfing abroad with relaxed visa policies
07/29/2015
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9:08:43 PM
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Easier visa applications and the growing influence of the international golf tournaments are spreading the sport and luring Chinese golfers overseas
Plateno Group restructures brand categories and plans A share listing
06/24/2015
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10:06:24 AM
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Plateno Group is doing structural reorganization and brand integration and is now looking for an opportunity to make an A share listing.
Thai guides association insists on local guides for Chinese
07/07/2015
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6:04:18 PM
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The Association of Thai Travel Agents said all tour firms under membership of the association are strongly suggested to provide Chinese-speaking Thai guides.
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