Search results for “hotel market”
New World sells three HK hotels to Abu Dhabi JV
05/05/2015|3:59:38 PM|
New World Development announced it will transfer the full ownership of three Hong Kong hotels to a joint venture the HIP Group.
Far East Group negotiating AUD$75 million acquisition of Pullman Cairns International
05/06/2015|4:19:38 PM|
Far East Consortium International’s chairman is in negotiations over a AUD$75 million deal to purchase the five-star Pullman Cairns International.
Customer online reviews gain traction for China's hotel industry
04/23/2015|9:40:45 AM|
Hotel customers posted 20 million reviews or 61,000 reviews per day in 2014, up 163.8% against the previous year.
HotelREZ partners with Peak Hospitality Solutions as part of expansion to Asia
04/22/2015|4:10:27 PM|
HotelREZ Hotels & Resorts, announced its most recent partnership with Singapore-based Peak Hospitality Solutions, as it plans to expand into Asia.
Huazhu Hotels abruptly ends partnership with leading OTAs
04/29/2015|10:17:47 AM|
Huazhu Hotels announced it would terminate its partnership with–Qunar, Ctrip and eLong – for breach of contract terms.
Home Inns to focus on mid-range brand and business travel platform
04/09/2015|9:25:09 AM|
Home Inns will expand its Homeinn Plus hotels by 80 to 100 properties this year, as well as launch its Qiake-in guest platform.
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
HK and Macau tour operators enter the Guangdong free trade zone
04/22/2015|3:14:30 PM|
Guangdong Free Trade Zone has been launched with five tour operators each from Hong Kong and Macau to operate group tours for mainland travelers.
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