Search results for “acquisitions”
China updates 'sensitive sectors' for outbound investment in hotels
China updated its list of "sensitive sectors" on February 11 for outbound investment in properties, hotels, cinemas, entertainment, sports clubs and equity investment funds.
Wyndham nears deal to sell European vacation rentals business to Platinum
The move is meant to allow the separate units to better focus on their specific segments of the lodging sector to generate growth through acquisitions and other strategies.
Priceline Group leadership focuses on China opportunity
The online travel giant has had to partner up with Chinese travel companies to gain a foothold in the market, and there’s plenty more work to be done domestically.
Expense management software Chrome River raises additional $35 million
Last summer, four expense management companies — Certify, Nexonia, ExpenseWatch and Tallie – merged in order to mount a challenge to Concur.
A travel tech consultancy perspective on 2017 and the coming year
New players such as Airbnb, Uber, Lyft are actively investing in developing business travel programs with sophisticated tracking and data connectivity tools.
A tours and activities perspective on 2017 and the coming year
Currently, less than 25% of the experience sector, estimated at $130 billion worldwide, is digitized.
Accor CEO: Chinese tourists look beyond APAC, changing global hospitality
"Accor probably is making more profit as an investor in China Lodging than we could have made by remaining independent for the next 50 years", said Sebastien Bazin, Chairman and CEO of AccorHotels.
ChinaTravelNews annual roundup: Major events of year 2017
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...
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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
ATPCO gears up to step up its content-related efforts in China
Trip.com Group eyes TripAdvisor’s valuable assets via new pact
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