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Search results for “US lodging”
China Lodging acquires Beijing Novotel Sanyuan and Ibis Beijing Sanyuan
01/30/2018
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9:29:53 AM
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China Lodging Group (Huazhu), a leading and fast-growing multi-brand hotel group in China, announced it has formed a joint venture with TPG Capital Asia (20% owned by the Company and 80% by TPG ).
China spawns new generation of road warriors
01/15/2018
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7:32:27 PM
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Three-quarters of business travel spending worldwide goes to plane and train tickets, while China sees huge increase in air traffic and rapid rise of homegrown budget hotel brands Homeinns and Hanting.
ChinaTravelNews Briefing: Chinese tourism, Ctrip and other players' moves
01/08/2018
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9:33:21 AM
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For the past two weeks, ChinaTravelNews reported on how Chinese tourists affect the travel sector, a series of Ctrip’s moves, and news of major players Meituan, Tencent and Airbnb.
Travel 2018: What the data tells us
12/22/2017
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5:23:04 PM
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Value growth for 2017 is expected to be strong at 4.1% in 2017, decelerating to 3.1% in 2018, and a minor economic deceleration is expected in China.
ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017
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2:15:13 PM
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In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
Hotel giant China Lodging's profit rises 60% in Q3 2017
11/29/2017
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7:58:55 AM
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Chinese hotel giant China Lodging Group recorded a 60% rise in net profit to USD 70.7 million, as 19.8% of net revenues. The firm has completed integration of Crystal Orange into Huazhu's platform.
Expedia gross bookings grow 11% in Q3 2017
10/27/2017
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7:40:37 AM
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Expedia reported gross bookings of USD 22.2 billion in the third quarter of 2017. Revenue increased 15% YoY to USD 3 billion, of which HomeAway took up USD 305 million, a 45% rise.
Hotel group GreenTree springs into IPO action
11/22/2017
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9:28:12 AM
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GreenTree, one of China’s largest hotel franchises, intends to put down further roots in the US, though this time through an IPO in New York worth up to USD 600.00 million, Caixin reported.
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