Search results for “expansion”
Jinjiang aims to overtake Hilton within five years
03/02/2015|9:49:28 AM|
Jinjiang Holdings purchase of Starwood Capital Group’s Louvre Hotel Group is its latest move to surpass Hilton Hotels globally in five years.
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.
Utour’s enjoys revenue growth above 40%
02/27/2015|3:49:53 PM|
Utour achieved 40.32% y-o-y growth in revenue, recording RMB4.217 billion turnover and 24.32% y-o-y growth in shareholder profits totaling RMB109 million.
Ctrip backs PMS JV Jointwisdom
03/26/2015|7:23:51 AM|
Jointwisdom formed by restructuring Ctrip subsidiary Brandwisdom and CSHIS, has been launched in Beijing.
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.
Embracing the digital transformation in China’s travel market
03/25/2015|10:19:49 AM|
To gain a better position in this eco-system, airlines have to embracing the digital transformation to refine their business model as well as the way they deal with customers and partners.
Hainan relaxes duty free shopping quota
03/23/2015|9:39:16 AM|
Travelers departing Hainan can now leave with a maximum of RMB8,000 worth of duty free purchases, up from RMB5,000 per person per trip.
Jiuhua Tourism plans US$128 million IPO
03/03/2015|5:04:27 PM|
Jiuhuashan Tourism is issuing 27.68 million shares is a Shanghai IPO on March 12 trading as Jiuhua Tourism.
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