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Search results for “inns”
Hotel chain SunMei receives RMB 140 million in B round
12/28/2016
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12:51:25 PM
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Hotel company SunMei announced that it has raised RMB 140 million in B round. The company was established in 2009 and was formerly known as Thank Inn.
TripAdvisor revenue rises 2% in Q4 2017 and 5% in FY 2017
02/15/2018
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9:08:16 PM
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User reviews and opinions grew 29% year-over-year and reached 600 million at December 31, 2017. Q4 revenue totaled $321 million, up 2%; and full year revenue reported $1556 million, up 5%.
2435 international hotels to land in China, Hilton brands top the list
12/15/2017
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2:04:10 PM
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According to the latest China Construction Pipeline report from Lodging Econometrics, the country has 2,435 hotels with 538,836 guestrooms in the works, up 5 percent year-over-year.
HNA-acquired Carlson Hotels to change name and restructure execs
12/04/2017
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8:48:28 AM
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Under new ownership, Carlson Hotels has new executives and a plan to aggressively expand the number of hotels it runs.
Hotel giant China Lodging's profit rises 60% in Q3 2017
11/29/2017
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7:58:55 AM
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Chinese hotel giant China Lodging Group recorded a 60% rise in net profit to USD 70.7 million, as 19.8% of net revenues. The firm has completed integration of Crystal Orange into Huazhu's platform.
Hotel group GreenTree springs into IPO action
11/22/2017
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9:28:12 AM
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GreenTree, one of China’s largest hotel franchises, intends to put down further roots in the US, though this time through an IPO in New York worth up to USD 600.00 million, Caixin reported.
Jin Jiang Hotels increases its stake in Plateno Group to 93%
10/24/2017
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12:44:15 PM
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To further integrate resources and reduce costs, Jin Jiang International Holdings will acquire 12.0001% stake held by Prototal Enterprises Limited in Keystone, a Jin Jiang subsidiary that controls Plateno.
Amadeus revenue increases 8.9% in the nine first months of 2017
11/03/2017
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5:03:45 PM
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Amadeus’ revenue grew 8.9%, to €3,686.6 million, while EBITDA increased 10.1% to €1,446.3 million in the nine first months of 2017.
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