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Search results for “investigation”
Marriott-Starwood deal gets antitrust clearance from the European Union
06/28/2016
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11:11:51 AM
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Marriott and Starwood announced that they received unconditional clearance from the European Union for Marriott to buy Starwood in a merger transaction originally estimated to be valued at around $13.6 billion in late March/April.
Admission prices affect business in Lijiang Ancient Town
06/07/2016
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2:58:50 PM
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The dilemma of entrance charge is not a case that solely troubles Lijiang. In 2013, another ancient town, Phoenix Town in Hunan Province, started to sell tickets, sparking a controversial public debate on whether the ancient town should impose charges for visitors.
France seeks Euro 356 million in unpaid tax from Booking.com
06/02/2016
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5:36:59 PM
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French tax authorities recently concluded an audit of Booking.com that started in 2013 of the years 2003 through 2012. They are asserting that Booking.com has a permanent establishment in France and are seeking to recover what they claim are unpaid income taxes and value-added taxes.
Analysis: Hotels bite back in battle with Online Travel Agencies
04/27/2016
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6:36:44 PM
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Since hotel chains are baulking at the commissions the OTAs charge them – typically ranging from 15% to 30% depending on room type and location - and fear that their expensively established brands are being devalued by the OTAs’ price-orientated approach, they have tried to offer discount rates to their loyalty project members to improve direct booking.
Mystery deal in Canada throws spotlight on Chinese insurer
05/23/2016
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9:35:11 AM
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An executive for Chinese insurance company Anbang led talks to buy InnVest properties, then represented another buyer when Anbang dropped out
Chinese buyers spend USD 2.6 billion on US hotel property acquisitions in 2015
04/12/2016
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8:13:56 AM
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Chinese companies splashed out USD 2.6 billion on buying US hotel properties in 2015 and the buying spree is expected to keep on
Social media outrage after woman claims attack in Beijing hotel
04/06/2016
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6:09:42 PM
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An alleged attack on a woman in a four-star hotel in Beijing caused public outrage on social media on Wednesday
Virgin Atlantic alleged racist scandal encounters protests from Facebook and Weibo
03/21/2016
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11:11:20 AM
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Virgin Atlantic has received a barrage of criticism on social media following reports of a racist incident on flight VS250 from London to Shanghai on March 1 this year.
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