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HNA Holding cuts loss by 89.8% amid buying spree
04/26/2017
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10:05:37 AM
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HNA Holding reduced annual loss by 89.8% last year while actively exploring overseas investment opportunities.
Lotte's theme-park project halted amid Sino-Korea tensions
02/08/2017
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11:04:26 AM
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South Korea's Lotte Group said the Chinese government ordered the halt of the company’s 3-trillion-won (USD 2.6 billion) theme-park project in northeastern China, according to a Bloomberg report.
Hyatt acquires wellness resort and spa company Miraval Group
01/19/2017
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4:36:32 PM
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Chicago-based Hyatt announced its USD 375-million acquisition of New York-based Miraval Group on 18th, a wellness resort and spa company best known for its destination wellness spa resort。
China’s outbound medical tours rise four folds in 2016
01/04/2017
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10:16:52 AM
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A Ctrip medical tourism report shows that the number of Chinese travelers going on overseas medical tours in 2016 increased four folds against the year before.
AccorHotels invests €16m in Banyan Tree
12/08/2016
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4:01:31 PM
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AccorHotels will be investing EUR 16 million (SGD 24 million) into Banyan Tree for a stake of about 5% in the Singapore-based hotel brand.
China Life invests in 2-billion-dollar Starwood hotels
10/20/2016
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10:49:53 AM
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Starwood sold a stake in about USD 2 billion of U.S. hotels to a group led by China Life Insurance.
China's US property investment to double in next 5 years
08/16/2016
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5:26:01 PM
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For the past five years, Chinese buyers spent about USD 17 billion on U.S. commercial real estate while spending roughly USD 93 billion on homes in U.S. over same period.
Maritim Hotels prepares to open its 2 new hotels in Hangzhou and Hefei
05/20/2016
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4:55:48 PM
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In addition to 3 established hotels in China , Maritim, the largest owner managed German Hotel brand is preparing to open its 2 new hotels in Hangzhou and Hefei.
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