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Search results for “Wanda Group”
China’s hotel investors set sights on domestic expansion
02/26/2018
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9:53:27 AM
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In key markets such as Beijing and Shanghai, JLL expects RevPAR (revenue per room) to increase between three and four percent in the next few years.
Wanda tourism income rises 37.1% to RMB 17.43 billion in 2016
01/16/2017
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6:45:04 PM
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Wanda's real estate revenues fell 25% in 2016 while tourism income was up 37.1% to RMB 17.43 billion during the time.
Ctrip- and Tencent-invested Tongcheng merges with eLong, eyeing capital market
12/29/2017
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7:38:54 PM
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Tencent and Ctrip will become major shareholders of the new entity TongCheng-eLong. Ctrip co-founder James Liang will serve as co-chairman.
Tongcheng plans to acquire Wanda Tourism
10/10/2016
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5:43:49 PM
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Tongcheng Tourism and Wanda Group jointly announced on October 9 that the two companies plan to merge Wanda’s tourism unit with Tongcheng Tourism.
Wanda to build $15b complex in Xi'an
11/17/2016
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6:02:21 PM
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The property conglomerate plans to pour RMB 103 billion (USD 15 billion) to build theme parks and commercial centers in the capital Xi’an.
Wanda invests $14.7b in Hunan's theme park
11/14/2016
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11:42:55 AM
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Wanda Group is investing RMB 100 billion (USD 14.7 billion) to build a theme park complex and series of commercial centers in China’s central Hunan province.
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...
Dalian Wanda rewrites blockbuster deals with Sunac and R&F Properties
07/20/2017
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6:37:13 PM
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Dalian Wanda reached unexpected new deals by selling 13 theme parks to Sunac at $6.5 billion and 77 hotels to R&F Properties at $3 billion.
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