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Search results for “Minor”
China's HNA Group to relinquish control of West Air
12/10/2019
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6:20:53 PM
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Yufu Group or one of its designated enterprises will control at least 70% of West Air while HNA will remain as a minority shareholder.
Facial recognition is everywhere at China’s new mega airport
12/12/2019
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3:00:57 PM
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The technology isn’t fully operational, however, currently only used by staff at stations for the Daxing Express high-speed train.
OYO to raise $200 million for luxury push in US
09/18/2019
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9:54:47 PM
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OYO is reportedly going to create a separate entity in the US to help it acquire and run four- and five-star hotels, and is likely to own a minority stake in this entity.
2019 CarTrawler ancillary revenue yearbook shows $55.7 billion in extra revenue for 76 airlines
09/19/2019
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6:13:28 PM
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The $55.7 billion worldwide total represents 10.7% of all revenue for the 76 airlines in the survey.
Chatbots proving their worth in travel e-commerce
09/08/2019
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10:56:03 PM
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Chinese travel e-commerce companies led by top online travel agencies, including Ctrip and Qunar, are making meaningful use of chatbots.
Private equity firm Accel-KKR’s latest fix: hotel enterprise software
09/03/2019
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6:38:01 PM
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Combining many services might lead to significant profits years from now when Accel-KKR cashes out. It may want to sell a rollup to a platform giant like Amadeus, Oracle, and Sabre.
China Lodging offers $425m convertible notes, partly for minority investment
10/27/2017
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12:23:56 PM
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Hotel giant plans to raise $425 million through convertible senior notes, partly to repay loans borrowed to "make investments in minority equity interests" in industry-related or complementary businesses.
CVC to buy Korea’s No.2 hotel booking app in $285 mn deal
08/06/2019
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11:58:52 AM
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It is aiming to close the deal in August, which will be its first Korean acquisition in five years.
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