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Search results for “asset-light”
Barry Diller’s IAC takes USD 1 billion stake in MGM resorts with eye on online gaming
08/12/2020
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1:47:07 PM
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IAC believes MGM presented a ‘once in a decade’ opportunity for it.
Ctrip invites funds to buy out China’s travel dip
07/29/2020
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8:53:46 PM
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Ctrip had $600 million of net cash at the end of March, giving interested parties the option of loading on debt to juice returns.
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020
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6:04:56 PM
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Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
Accor's Bazin revamps hotel group's focus to Asia and luxury
03/22/2020
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11:52:21 PM
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Bazin aims to grow earnings from its loyalty program to more than €100 million.
Marriot's RevPAR in Greater China drops 90% in February
02/28/2020
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8:49:40 PM
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Marriott estimates to earn $25 million less in monthly fee revenue, compared to its 2020 base-case outlook.
Huazhu-backed apartment service provider Chengjia raises nearly USD 300 million
09/10/2019
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3:55:01 PM
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The proceeds will be used for expanding its property portfolio in core cities, brand building and developing its technology platform.
What does OYO mean for the Chinese hotel industry?
09/04/2019
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6:39:38 PM
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The standalone hotels that are hidden below the iceberg present a trillion-RMB market experiencing consumption upgrade.
MGM Resorts acquires stake in Sydell Group
09/02/2019
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2:32:26 PM
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MGM Resorts International now might find a boost through diversification and spending to increase its earnings.
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