Search results for “acquisitions”
China's domestic air market recovered; Indebted HNA to sell US asset | Daily Brief
12/10/2020|12:17:30 AM|
JD, China Southern Airlines launch ship-to-home luggage service; Travel agencies in China handle over 10 million domestic trips in Q2, down 79% from last year.
Indebted conglomerate HNA Group to sell US asset Ingram Micro
12/09/2020|11:56:05 PM|
HNA Technology acquired 100% shares of Ingram Micro in December 2016 for USD 5.98 billion, the majority of which was borrowed money from banks.
Valor Hospitality Partners and The Delivering Group join forces to help independent Asian hotels regain momentum
12/09/2020|10:19:29 AM|
The alliance with Valor Hospitality is the latest move by The Delivering Group to form a powerful coalition of sales, marketing, PR, digital, distribution solutions providers targeting the travel and hospitality sector.
WeChat hotel marketing expert Zhiketong raises $50 million in series D round
11/04/2020|7:52:46 PM|
Zhiketong targets to have clients’ total transaction value exceeding the RMB 100 billion (USD 14.97 billion) mark by 2025.
Chinese hotel giant Huazhu to snap up Deutsche Hospitality for €700m
11/05/2019|11:21:11 AM|
Jenny Zhang, CEO of Huazhu, thinks that the merger of Deutsche Hospitality and Huazhu will create the foundation of a global hotel group that combines "German quality and Asian speed”.
Thinking beyond "survival mode" – Key takeaways for hotel distribution recovery
10/26/2020|1:35:36 PM|
Once a new revenue stream has been added, the business line won’t stop even after the pandemic.
Travel marketers show penchant for unconventional tactics to boost recovery
10/23/2020|9:37:25 AM|
Be it for looking beyond popular 3rd party ecosystems or supporting revenue generation post business model pivot, companies in China are open to experimenting to reach out to consumers.
Louvre Hotels Group expands in Europe after acquiring ten "7 days premium" hotels
10/21/2020|6:14:11 PM|
The ten "7 Days Premium" hotels that Louvre Hotels Group acquired were in two- and three-star segments.
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