Search results for “investment”
Shimao Property partners with Starwood Capital to create new hotel JV in China
03/30/2017|7:25:18 PM|
Chinese developer Shimao Property and global private investment firm Starwood Capital will establish a new hotel joint venture based in China. The venture will be owned 51% by Shimao and 49% by Starwood Capital.
Utour makes strategic investment in Paris hotel to shore up European products
09/14/2015|2:50:01 PM|
Utour is making a strategic investment in an overseas hotel to build a comprehensive chain of business and enhance its ability to tap into resources in short supply.
ITB China presents: The 2017 Startup Award finalists
04/27/2017|10:02:02 AM|
Pitches and ceremony will take place on the afternoon of May 11 in the ITB China conference center.
CYTS Tours’ net profit rises 63.83% in 2016
04/25/2017|1:32:41 PM|
Chinese tour operator group CYTS Tours recorded RMB 10.33 billion operating revenue in 2016, a 2.36% drop from a year before. Net profit grew 63.83% YoY to RMB 484 million in the year.
Tujia launches vacation exchange platform VaShare
04/18/2017|11:18:47 AM|
Tujia has rolled out innovative vacation lodging sharing platform VaShare. The platform is a joint venture of Tujia and its major stakeholder Ctrip.
Tailored travel SaaS platform Lushu closes A round
04/17/2017|6:35:56 PM|
Travel customization SaaS platform Lushu told ChinaTravelNews on April 17 that the company has closed its A round funding backed by Keywise Capital, an investor of Chinese photo App maker Meitu.
Letv invests in Yongche’s D Series financing to become major shareholder
10/21/2015|12:24:39 PM|
Yongche has revealed t has completed a D Series financing round and will restructure its shareholding structure to make Letv its largest shareholder alongside Ctrip.
Travel conglomerate OCT to divest interests in two firms for 2.3 billion yuan
04/13/2017|10:15:10 AM|
Theme park and tourism firm OCT Co. plans to divest its stakes of 100% in Taizhou OCT and 60% in OCT Vision. The two deals will be worth RMB 2.3 billion.
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