Search results for “acquisitions”
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
Songcheng Performing Arts acquires regional Tibetan folk opera
04/08/2015|9:25:40 AM|
Songcheng will invest RMB87 million to acquire 60% holding in famous Tibetan folk opera Jiuzhaigou County Ronzhong Erjia Cultural Productions.
Fosun to snap up Thomas Cook’s Concept Hotels for European foothold
03/12/2015|4:46:31 PM|
Fosun plan to develop a new hotel chain brand for the Chinese market with Thomas Cook and acquire 220 Concept Hotels for 500 million euros.
Shiji Technologies to acquire 25 million euro stake in hotel IT company SnapShot
03/17/2015|2:28:07 PM|
Shiji Technologies will invest 25 million euros to acquire 55.45% equity, of Austrian hotel data management company SnapShot.
GZ Nansha Business Airport work set to begin in 2015
04/03/2015|4:35:39 PM|
An airport dedicated to corporate jet operations in Guangzhou’s Nansha district has been designated as a key development for the city this year.
Counting on data analytics for identifying and recognising customers
03/14/2015|2:32:02 PM|
Travel marketers are expected to capitalize on the prowess of big data and analytics. ChinaTravelNews learns how Qyer.com is approaching the same for tangible results.
Outdoor specialist Toread invests US$38 million in OTA Eyoutour
03/19/2015|9:47:27 AM|
Chinese outdoor specialist Toread will invest RMB230 million (approx: US$38 million) for 74.56% equity in OTA Eyoutour.
Metropolo Hotel spearheads Jinjiang Inn’s globalization
02/11/2015|5:17:22 PM|
Jinjiang Inn’s Metropolo Hotel brand will set a milestone for globalization in 2015, its biggest challenge now is to build a talented team to move forward.
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