Search results for “high-end”
CAAC vows reform to stamp out endemic corruption in flight approval process
07/31/2015|8:58:37 PM|
CAAC is adopting a registration system for air routes, instead of the discretionary approval process that has fueled corruption among China’s aviation authorities.
Breaking News: Jin Jiang to acquire 80% of Vienna Hotels for US$289 million
08/07/2015|4:28:47 PM|
Chinese hotel group Jin Jiang Hotels Group has invested RMB1.8 billion on August 6 for an 80% stake in the mid-range the Vienna Hotel Group and its restaurants.
Facing economic slowdown China’s hotels under pressure to reform
07/28/2015|2:33:52 PM|
China’s hotel industry is at a crossroads of capitalizing on opportunities brought by explosive growth in the tourism sector while overcoming economic challenges.
Juneyao Air to raise US$574 million for fleet expansion and online travel venture
07/15/2015|9:56:36 AM|
Juneyao Air plans to raise RMB3.565 billion (approx: US$574 million) to expand its fleet and enter the online travel industry to open new sources of revenue.
Tourico gears up to counter inimitable hurdles in China
07/23/2015|2:46:28 PM|
What is key to scaling up the high-volume, wholesale model in China? Tourico believes supporting hotel companies with right technology can be a major asset.
Payment acceptance in China is all about dealing with fragmentation
07/08/2015|10:20:12 PM|
Payment technology maturity and adoption is diverse in China. Airlines need to follow different rule sets and service levels for alternative payment types than that of credit cards.
Online travel company Golden Century nets US$11.6 million from Tongda Chemical
07/15/2015|9:56:55 AM|
Golden Century will receive RMB72 million investment from Tongda Chemical which will hold a 13.04% stake in the former.
Top Chinese outdoor and sports event organizer Huway gets US$6.44 million
07/13/2015|10:05:28 AM|
Huway has received RMB40 million (approx: US$6.44 million) from Mango Haitong Creative Arts Investment Fund in its A Series financing round.
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