Search results for “acquisitions”
China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition
08/17/2017|8:00:45 PM|
China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.
Booking.com is promoting its home listings while expanding partnerships in China
12/02/2018|7:21:30 AM|
As one of the largest travel e-commerce companies in the world, Booking.com is playing catch up in homes category by showcasing more homes and apartments than traditional accommodations.
China Southern quits SkyTeam, China to become top tourist destination by 2030, and more
11/26/2018|12:09:50 PM|
China issued the first service specification for the home-sharing sector, and Club Med owner Fosun Tourism and Culture approved for listing on the Hong Kong Stock Exchange.
Yueban Travel to acquire Vancouver and Liaoning travel agencies
12/06/2017|12:03:42 PM|
Dalian Yueban Travel has announced that it will acquire full ownership of Vancouver-based Star East Travel and Liaoning-based Beiguo International Travel for a total of RMB 13.18 million.
Booking.com’s mantra for China – be prepared for the change
11/26/2018|9:00:00 AM|
Booking Holdings’ journey in China has spanned nine years. But the group is keen on being nimble, running operations in an autonomous way and also open to learning from local companies.
Tujia targets 15 billion yuan in GMV by 2019
11/05/2018|10:50:28 AM|
The short term rental category in China is “burning” a lot of money at this stage. But, as Tujia’s CFO Warren Wang points out, things are expected to change considerably for the company over a period of next two years.
Hotelbeds Group launches consolidated brand identity
11/02/2018|9:44:28 AM|
Hotelbeds Group and its commercial Bedbank brand, Hotelbeds, both now branded simply as ‘Hotelbeds’ underlining core focus on the bedbank sector.
Travel supplier Tempus Global to buy 60% stake in Chocolate Happy Land for $26 million
10/12/2018|12:57:39 PM|
The two companies will cooperate on an equity basis, as Tempus controls substantial traffic flow and Chocolate Happy Land excels at running theme parks.
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