Search results for “hotel development”
Phoenix Travel gets new investors and cross-border partner
02/04/2015|11:01:15 AM|
Phoenix Travel Worldwide announced the completion of its second round of financing with a joint investment and a strategic partnership with Hong Kong New World Group
Luxury hotel expansion filters down to second-tier cities amid market slowdown
02/03/2015|11:36:17 AM|
Increasing globalization and economic prosperity in second-tier cities Chengdu and Wuhan has spurred demand for luxury services, especially hotels.
China Lodging appoints CFO as President
01/26/2015|3:12:46 PM|
China Lodging Group (CLG)CFO Jenny Zhang is appointed as President reporting directly to CEO Qi Ji.
HotelGG raises US$4.8 million to enhance MICE platform
01/20/2015|6:39:37 PM|
HotelGG, a portal for hotel venue search, price comparison and booking, has raised RMB30 million (approx.: US$4.8 million) in its Series A financing.
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.
Shakeup ahead for China’s glutted luxury hotel market
01/16/2015|8:48:09 AM|
Luxury hotels in China are bracing for fierce competition as supply soars - the glutted market had a total of 800 five-star hotels in 2014.
Sabre is ready to spend $500M, and Abacus is a likely target
01/29/2015|8:14:35 AM|
Sabre said in a financial filing this week that it was considering an acquisition to the tune of half-a-billion dollars during the next two months.
ChinaTravelNews 2014-2015 review and highlights
01/04/2015|3:19:18 PM|
ChinaTravelNews recaps highlights of China's travel industry for 2014 and looks ahead to the industry's future for 2015.
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