Search results for “group tour”
HNA Group withdraws FRAM Group acquisition offer
10/22/2015|5:32:55 PM|
HNA Group withdrew the offer to acquire FRAM Group, made on October 12, and sources say that the Chinese conglomerate will not make another bid.
Deals Roundup: Travel finance has a long way to go
09/24/2016|9:26:13 AM|
A look at potential development of travel finance for consumers and suppliers, and a roundup of financing deals in travel industry:
Russia becomes a top outbound destination for China
10/10/2016|6:17:30 PM|
Russia displaced Hong Kong, Macao and Taiwan as a top destination for mainland Chinese travelers during the holiday, and welcomed 103.1% more visitors during the peak period.
LN Holdings’ net profit rises 30.82% in third quarter
11/04/2016|2:58:27 PM|
LN Holdings’ operating revenue increased 3.98% to RMB 82.69 million in the third quarter of 2016. Net profit was RMB 7.85 million, up by 30.82% YoY.
UTour net income rises 20.73% in Q3 2016
11/02/2016|9:22:38 AM|
UTour reported RMB 3.886 billion operating revenue in the third quarter of 2016, 16.58% more than last year. Net income rose 20.73% to RMB 135 million in the quarter.
Tongcheng plans to acquire Wanda Tourism
10/10/2016|5:43:49 PM|
Tongcheng Tourism and Wanda Group jointly announced on October 9 that the two companies plan to merge Wanda’s tourism unit with Tongcheng Tourism.
HNA-Caissa to buy outbound tour operator Tiantian Shanglv
10/04/2016|6:08:36 PM|
Caissa Touristic plans to lead E-Life Financial's capital increase by injecting RMB 550 million into the HNA finance unit and acquire tour operator Tiantian Shanglv for RMB 149 million.
Property group Orient Victory plans 49% acquisition of tour operator CCT
04/10/2015|9:23:52 AM|
Major Chinese property developer Orient Victory Group plans to acquire 49% equity in China Comfort Travel for RMB441 million.
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