Search results for “acquisitions”
ChinaTravelNews Briefing: Ctrip Car licensed to run, Meituan buys Mobike, Airbnb Plus
Ctrip Car gets the nod to run ride-hailing business; Meituan extends its offerings to 320 million annual active users through its Mobike acquisition; and higher fuel cost is affecting the growth of airlines.
Hotelbeds sells destination management unit to TUI for €110 million
Following the integration of Tourico Holidays and GTA, there are now over 170,000 hotels selling to over 60,000 travel intermediaries globally via Hotelbeds' proprietary B2B platform.
Chinese hotel franchisor GreenTree prices IPO at $14, below $16-18 range
GreenTree Hospitality raised USD 143 million on NYSE.
AirAsia talks with cash-strapped HNA over asset purchases
The Hong Kong-based airlines are on a list of assets the company could sell.
Indian hotel booking platform OYO acquires Novascotia to expand corporate offering
The acquisition will boost OYO’s portfolio by 350 exclusive rooms across locations where Novascotia has its footprints.
Tujia COO: Collaboration with Airbnb being mooted for synergy
Tujia has seen the possibility to work with Airbnb. “It is quite worthwhile to explore cooperation in shared inventories, room status and even the promotion of the legalization of global B & B business."
Chinese conglomerate HNA plans 25% job cuts
The job cuts would be part of the group’s “weight-loss” programme for this year, the news and analytics provider reported.
Flight Centre will eliminate some leisure brands
It expects to see results from the restructuring of its core Australian leisure market, although Graham Turner, founder & CEO, conceded that there may be some temporary downside to the removal of leisure brands.
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Ctrip formally changes its name to Trip.com Group
Trip.com Group aims to be the world's top OTA in 5 years
Trip.com Group, TripAdvisor form China joint venture and global content partnership
International travelers can now use Alipay without Chinese bank account
Fliggy launches new operation system
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