Search results for “economy”
China’s global hotel investment set to accelerate
03/02/2015|9:49:39 AM|
Chinese investors will inject more than 200 million GBP annually into the global hotel marketboosting their market share from the current 4% to 10% by 2017.
Vienna Hotels invites Series C financing to pave way for IPO
02/26/2015|3:37:15 PM|
Vienna Hotel wants a Series C financing round this year to raise at least RMB1 billion and pave the way for an IPO in 2017.
Hong Kong and Macau tour operators to begin mainland operations in trial run
02/26/2015|9:53:52 AM|
Five Hong Kong and Macau sole-proprietorship tour operators will begin directly soliciting mainland customers for outbound tours in a pilot scheme starting March 1.
Investment in China’s luxury hotels set to slowdown
01/29/2015|10:41:26 AM|
China's star-rated hotels have resorted to voluntarily lowering their star ranking and selling off assets t survive.
Qunar counting on its technology-driven operational efficiency for a break-through
01/28/2015|3:07:44 PM|
What would it take for Qunar.com to turn profitable in 2016? This conundrum is among the most followed topics in the Chinese travel industry.
Jinjiang Group acquires Louvre Group in bid to expand to Europe
01/23/2015|3:21:01 PM|
Jinjiang Holdings acquired France’s Louvre Group, estimated at EUR1.25-1.5 billion, and will fully integrate the two hotel groups.
Chengdu emerges as new frontier for China’s airlines
02/16/2015|3:27:42 PM|
Dubbed the “fourth largest aviation hub”， Chengdu boasts the fifth largest airport in China with 37.5 million passengers throughput in 2014.
Atour Hotel raises US$30 million for innovative expansion
01/19/2015|9:07:54 PM|
Atour Hotel will accelerate its expansion in China and abroad as well as set up an experiential user community with the latest funding.
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