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Search results for “Ritz-Carlton”
Ritz-Carlton to Expand in China Even as Government Cuts Expenses
06/10/2014
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2:42:10 PM
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Ritz-Carlton, the hotel brand owned by Marriott International Inc. (MAR), said demand for luxury hotels in China will withstand an economic slowdown and government spending curbs.
Marriott Investor Call: This Is What We Have in Store for Starwood
03/22/2016
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6:31:19 PM
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Marriott held a call for investors on this Monday morning, talking primarily about the new deal’s terms. Marriott decided to combine its Rewards with Starwood Preferred Guest loyalty programs and integrate their brands.With newly revised bid, the synergies have risen to $250 million, and Marriott expects them to be fully achieved within two years after closing.
Anbang abruptly withdraws Starwood bid, clearing Marriott's acquisition
04/01/2016
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10:13:25 PM
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The Chinese insurer cites "various market considerations" for withdrawal of its Starwood bid and shareholder vote for Marriott takeover set for April 8.
Anbang Insurance challenges Marriott with $13 billion Starwood offer
03/15/2016
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10:10:53 PM
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Chinese insurance company Anbang offered to challenge Marriott's merger with Starwood by a higher $12.8 billion cash offer.
Marriott expands into the midscale hotel segment in China
02/19/2016
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8:37:57 AM
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Marriott International and Eastern Crown partner to launch 'FairfieldSM by Marriott®' a new affordable mid-range hotel for travelers across China, Eastern Crown expects to open 100 'FairfieldSM by Marriott®' hotels by 2021 and more than double Marriott’s presence in China.
Marriott rolls out Alipay in 10 hotels to woo Chinese travellers
09/08/2015
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10:29:54 PM
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Marriott International and Alibaba's Ant Financial Services will roll out Alipay payment option to hotels and resorts under Marriott International’s brands.
China’s business travel to become top in the world by 2017
09/16/2015
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10:56:43 PM
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The numbers indicate that China is on track to overtake the US and become the world’s largest business travel market by 2017, despite uncertainties arising from China’s slowing economy.
Far East Group negotiating AUD$75 million acquisition of Pullman Cairns International
05/06/2015
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4:19:38 PM
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Far East Consortium International’s chairman is in negotiations over a AUD$75 million deal to purchase the five-star Pullman Cairns International.
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