Search results for “invest”
Accor explores upscale hotel market in China after FRHI acquisition
08/01/2016|9:56:17 AM|
AccorHotels has boosted its hotel portfolio in China to 195 following its acquisition of FRHI and its three upscale hotel brands, and plans to open four Sofitel hotels, four Pullman hotels, one Fairmont hotel and two Swissotels by the end of next year.
Utour reaps 3.875 billion yuan from outbound wholesale in H1 2017
08/23/2017|7:08:47 PM|
In the first half of 2017, Utour chalked up total operating revenues of RMB 5.05 billion, up by 13.40%, and incomes of outbound wholesaling business grew by 13.11% to RMB 3.875 billion.
China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition
08/17/2017|8:00:45 PM|
China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.
Blacklane acquires Solve to add airport concierge services worldwide
10/13/2017|11:46:17 AM|
Blacklane acquires Solve to extend to airport concierge services from professional driver sevices, helping travelers make full use of the time spent in airports.
Crowd funding platform Duocaitou.com completes an eight-digit Pre-A round
08/10/2016|9:29:42 AM|
Duocaitou.com, a crowd funding platform for boutique hotels and home rental, has completed its Pre-A round financing that raised an eight-digit sum from three venture capital firms – Share Capital, Innovation Angel Funds and Shunwei Capital Partners.
Caissa joins HNA investment companies in RMB 1.2 billion LeSports funding
03/17/2016|11:13:15 AM|
Caissa Touristic plans to inject RMB 600 million in Jiaxing Fund and become a limited partner of the fund set up by investment subsidiaries of HNA Group. The fund plans to invest RMB 1.2 billion on funding sport shows online service LeSports.
CNTA: Chinese investors rushing to invest in Europe
01/29/2016|10:01:47 AM|
The full-on collaboration between the travel sectors of China and Europe has turned Europe into a “gold-rush” market for Chinese travel enterprises, which has been making diversified investment overseas.
TravelDaily Conference presents the 2017 China Travel Innovation Challenge
08/25/2017|11:22:27 AM|
Six travel firms are set to vie for the title of the most innovative travel product of the year at the 2017 China Travel Innovation Challenge on Sep 14 in Shanghai.
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