Search results for “hotel market”
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.
Wanda Hotels plans to launch mid-high-end Jinhua hotel brand
08/06/2015|4:46:17 PM|
A spokesperson of Wanda Hotels and Resorts has confirmed that the group is planning to launch Jinhua hotel brand, described as a mid-high-end brand.
Homeinns Hotel refuses to slow down in a taxing environment
08/13/2015|6:16:53 PM|
Q2 proved to be yet another tough quarter for Homeinns. But it is focused on strengthening its customer base via mobile and expansion of mid-scale portfolio.
Conference venue platform HotelGG raises US$20 million in Series B financing
08/18/2015|6:13:13 PM|
Conference venue search and booking platform HotelGG raised US$20 million in its B Series financing round from - Matrix Partners China, Chengwei Capital and SIG China.
Qunar files anti-trust report against Ctrip’s acquisition of eLong with MOC
08/10/2015|11:15:17 AM|
Qunar has accusing its arch rival Ctrip of breaching Anti-Monopoly Law and the State’s declaration threshold guidelines in its acquisition of eLong.
TravelSky processes 136 million tickets in first half of 2015
09/01/2015|6:04:24 PM|
TravelSky reported y-o-y growth of 3.6% in total revenue to RMB2.63 billion in the first half of 2015. Pre-tax profits increased 7.4% y-o-y to RMB1.396 billion.
Wanda Hotels aims to have 85 luxury hotels in China by year end
08/11/2015|7:45:05 AM|
Wanda Hotels expects to have 85 five-star luxury hotels in China by the end of 2015.
Meituan completes acquisition of travel search company Kuxun from Tripadvisor
08/19/2015|11:01:06 PM|
China’s top group buy platform Meituan has just concluded its full acquisition of OTA Kuxun from TripAdvisor.
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