Search results for “hotel revenue”
Fosun to snap up Thomas Cook’s Concept Hotels for European foothold
03/12/2015|4:46:31 PM|
Fosun plan to develop a new hotel chain brand for the Chinese market with Thomas Cook and acquire 220 Concept Hotels for 500 million euros.
Spring Festival outbound traffic up 10%
02/25/2015|3:58:33 PM|
Outbound travel from China during the Spring Festival holidays from February 18 to 24 leapt 10% year on year totaling 5.182 million trips.
Trust International’s Powerful Voice Services Results Attract Commune Hotels & Resorts as Client
02/09/2015|8:22:19 PM|
Commune Hotels & Resorts, an international, multi-brand lifestyle hotel management company, is the most recent hotel business to contract with Trust International for dedicated global voice services.
Chinese fuel worldwide retail in Spring Festival
03/05/2015|10:17:33 PM|
The destinations registering the highest spending were Hong Kong, Taiwan, Korea, France, Singapore and Italy, according to Ctrip’s data
Qunar counting on its technology-driven operational efficiency for a break-through
01/28/2015|3:07:44 PM|
What would it take for Qunar.com to turn profitable in 2016? This conundrum is among the most followed topics in the Chinese travel industry.
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.
China’s hotels register 58.31% AOR in Q3
12/30/2014|5:24:39 PM|
China’s star-rated hotels had total revenues of RMB54.816 billion at average occupancy rate (AOR) of 58.31% in Q3 of 2014.
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.
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